We Know the Economy Stinks – So Stop Your Yellen

By: the Common Constitutionalist

It’s all about the economy, stupid! Isn’t that what democrat strategist James Carville reminded us all in 1992?

Actually, he said it as part of a 3-pronged point – “The economy, stupid” – “Change vs. more of the same” and “Don’t forget health care.”

But of course, what stuck – what everyone remembers is “It’s the economy stupid.”

Frankly, the Republicans could steal Carville’s 3-pronged slogan word for word. We are 23 years removed from Carville’s famous phrase and it’s more applicable today than it was then.

But I thought the economy has been improving. Barely a month and half ago, the Politico told us, so it must be true. They wrote that “The United States economy is increasingly the envy of a struggling world…The economy created another 252,000 jobs in December, a record 58th straight month of private sector gains. The [U3] jobless rate dropped to 5.6 percent, nearly back to normal after peaking at 10 percent in October of 2009. And the economy turned in a robust 5 percent growth rate in the third quarter of last year.” So I guess that makes us the best of the worst?

Evidently Democrats agree with this assessment as the Politico reports that Republican claims of a weak economy are just “sour grapes from partisans whose warnings of a disastrous ‘Obama economy’ look increasingly ridiculous.” read more