81% is the highest number since the NY Times began asking the question. Here's the most relevant part:
A majority of nearly every demographic and political group — Democrats and Republicans, men and women, residents of cities and rural areas, college graduates and those who finished only high school — say the United States is headed in the wrong direction. Seventy-eight percent of respondents said the country was worse off than five years ago; just 4 percent said it was better off.
Holy cow! Those are some pretty high negatives. Of course none of it has anything to do with the incompetent Bush administration and his long hard slog in Iraq or the slumping economy.
It's all part of irrationality and some misplaced hysteria on behalf of the public.
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Let me get this straight. Last week the Feds issued a multi-million dollar bail out to the fifth largest banking lender in the country Bear Stearns, which is in and of itself a form of socialism-- using tax payer money to subsidize business--, but when a candidate talks about helping those who are hurt or struggling because of Bear Stearns' predatory lending, and ultimately very stupid management of other peoples money, they're huddling the masses bordering communism. So it's okay to use tax payer money to bail out irresponsible banks but not individuals who are victims of that bank's lending practices and let's not dare call bailing out a bank communism. And this my friends is the Republican world we currently live in. No wonder our economy is collapsing.
*Update:
Here's more noncommunist logic from the Bush White House:
QUESTION: But people who are facing, say, foreclosures, individuals, the little guys who are facing their foreclosure, looking at the big guys getting government, if not brokered, certainly, they’re overseeing deals that are engineered to, sort of, keep the big-picture financial community afloat. And they’re saying, Well, where’s my boost of liquidity?
PERINO: They’re going to get that boost of liquidity in the form of a stimulus package and a tax rebate that’s coming to them the second week of May.
QUESTION: But that’s not going to save their houses.
Ms. Perino must be confusing rebates with bailouts. What Bear Stearn received was a taxpayer funded bailout, or in The Economist's language a
communist entitlement program for big business. A tax rebate is just the opposite. It's tax payer money going back to the tax payer and not to a social welfare system such as bailing out big business when they mismanage their finances. If a Democrat had proposed the use of tax dollars to be used to bail out people for mismanagement of finances the right wing would have been all over that. But to Bush bailing out big business is a boost of liquidity.
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I love how the media is so scared to call the economic situation a recession. Instead it's a standstill or a near halt, or a decline, but not a recession.
The economy grows at 0.6% in the final quarter of '07 compared to 3% for the prior three quarters and we're not in a recession? The final quarter of Clinton's tenure in 1999 the economy grew at 1% and Republicans claim Bush inherited a recession and a fledgling economy. But when Bush is in office 0.6% is still growth, because now "[u]nder one rough rule, the economy would have to contract for six months in a row for the country to be viewed as in a recession." Again the rules are conveniently changed to benefit Bush and the neocons.
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81% is the highest number since the NY Times began asking the question. Here's the most relevant part:
