The President and the Economy.

[Akaj]

@Icarus

IMHO the perception of how the economy is doing is more important that how it is actually doing. Barring a stock market crash, massive layoffs, and and actual bread-line depression, people really don’t know how the economy is doing and rely on leaders telling them.

Reminds me of the old saw:

What’s the difference between a slowdown and a recession?

When your neighbor loses his job, it’s a slowdown. When you lose your job, it’s a recession.