All content on this blog from Tim McGhee has moved to the Tim McGhee Substack, and soon, Lord willing, will be found only on that Substack.

Thursday, August 17, 2006

Weakening Political Currency

From today's First Read: "Over the next two days, listen for what Bush might say to address the list of traditional economic 'truths' which, to many Americans, no longer seem quite so true:
  • that if you work hard, you'll get ahead;
  • that health insurance will keep you from going bankrupt over medical costs;
  • that owning a home is a means to financial security;
  • that real estate and stock investments always increase in value;
  • that Social Security will always be there;
  • that your company retirement fund is safe; and,
  • that your children will face a brighter future than you.
Until the Administration focuses on these concerns, it seems unlikely that Americans are going to see eye to eye with them on a strong US economy."

Of course, we should also keep in mind:Tim
10,665 days

No comments:

Blog Archive