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Bad News on the International Finance Numbers

Views of the Economy

Daniel Gross writes:

Daniel Gross: June 11, 2006 - June 17, 2006 Archives: MISLEADING AGGREGATES, CONT'D: From John Harwood's story in the Wall Street Journal on the latest WSJ/NBC poll.

"The economy--an issue Republicans, as the governing party, hoped to capitalize on--is providing little traction. Reminded of a host of posisitve statistics on job growth, overall growth and tax cuts, just one in four Americans say those reflect their personal view of the economy.

Even among Americans earning more than $75,000 a year, just one-third embrace the positive view. The top economic concerns cited by respondents: health-care and education costs, gas prices, the federal budget deficit and inflation."

Once again, beware the misleading aggregates.