VodkaPundit

Illusion of Control

Krauthammer talks dollar and cents — er, elections and sense. Or something. Read:

There are a dozen other measures of economic health. Democrats understandably do not want to talk about them because they happen to be positive: the fastest growth rate in the West (now settling in at a healthy 4.2%), historically low interest rates and mortgage rates, record high productivity, record high homeownership, booming home values and low inflation. Why, even the unemployment rate, the traditional measure of the job market, is significantly below the average for the past three decades. Nonetheless, the burning political issue is job creation, a thin slice of the economic picture, which in turn is but one slice of the country’s overall well-being