The information provided on this website does not, and is not intended to, act as legal, financial or credit advice; instead, it is for general informational purposes only. Information on this website may not be current. This website may contain links to other third-party websites. Such links are only for the convenience of the reader, user or browser; we do not recommend or endorse the contents of any third-party sites. Readers of this website should contact their attorney, accountant or credit counselor to obtain advice with respect to their particular situation. No reader, user, or browser of this site should act or not act on the basis of information on this site. Always seek personal legal, financial or credit advice for your relevant jurisdiction. Only your individual attorney or advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this website or any of the links or resources contained within the site do not create an attorney-client or fiduciary relationship between the reader, user, or browser and website owner, authors, contributors, contributing firms, or their respective employers.
Credit.com receives compensation for the financial products and services advertised on this site if our users apply for and sign up for any of them. Compensation is not a factor in the substantive evaluation of any product.
“It’s the economy, stupid!”
[Free Credit Calculator: Use Credit.com’s Credit Report Card]
Yale economist Ray Fair has developed a model to predict presidential election results which is based on economic considerations. It completely disregards social issues, moral questions, and fashion statements like sweater vests. And it appears that this is indeed the metric to watch. A recent Rasmussen report found in a national survey that 82% of likely American voters said that the economy was the most important issue.
However, in spite of this obvious truth, 2012 GOP presidential candidates and the news media that reports and analyzes their every breath seem obsessed with everything but the economy. Last week Rush Limbaugh, the High Priest of American conservatism, called a Georgetown law student “a slut” after she testified on Capitol Hill about birth control. For well over a week after Limbaugh’s First Amendment moment my completely unofficial and unscientific observation is that most of the national dialogue was directed at that reprehensible comment, to the exclusion of things like the potential of war with Iran, or the teetering economy in places like Greece. I believe that Limbaugh deserved what he got—but at what cost?
[Read: More columns by Adam Levin]
I simply can’t figure out why Republicans, who are trying to win an election, keep harping about things that are likely only to hurt them, instead of focusing on the issue that always matters most. Maybe it’s a function of the fact that we are only exposed to Republicans these days because they are trying to pick a nominee, but it sure seems like these guys keep throwing their aspirations into the briar patch when they could be making hay on the economy.
A few days ago another cast member of what has devolved into nothing short of a travelling clown show (albeit a more adult circus event with the departures of Michele Bachmann and Herman Cain), in remarking on a speech made by the President, misquoted Obama by asserting that he wanted everyone to go to college. Mr. Santorum then proceeded to call Mr. Obama “a snob” for believing that everyone should get a college education—which, of course, is not what the President said. The use of the word “snob” also attracted a great deal of media attention (not to mention expressions of disbelief by the other guys), and for a solid week the presidential race revolved around whether or not Obama was a snob, and whether or not the use of that word was appropriate.
[Credit Cards: Research and compare credit cards at Credit.com]
And then there’s Seamus, the new Eeyore of American politics, riding all the way to Toronto in a cage on top of a station wagon. Since Cain and Bachmann dropped out of the race, no one has provided more fodder for the cannons of late-night comedians than poor old Seamus, ears flapping in the wind, whining miserably through the backwoods routes along the Canadian border. Seamus has become the best-known dog in America, outpacing Bo and Barney, Pluto and Ren, and even those big eyed, sad hounds in the ASPCA commercials.
Image: DonkeyHotey, via Flickr
[Free Credit Calculator: Use Credit.com’s Credit Report Card]
The issues that really are important to consumers—jobs, education, the cost of a college education, health care—are being overlooked in favor of substance-less, mudslinging attacks that don’t address problems and don’t provide plans. If I am missing something, I apologize, but I have yet to hear any of the Republican contenders talk about the nuts and bolts of how they are going to make America a strong and vibrant place to live.
[Read: More columns by Adam Levin]
And who loses? We, the American people, do. Without question, there is a lot that needs to change in the current political scene for things to get better, but we can start with some low-hanging fruit. Stop being so fascinated by the puerile ramblings of people like Rush Limbaugh, and stay on message. It’s the economy, stupid!
It’s as thought the candidates have strapped themselves to the roof of a political system that engages in mild and often tawdry distraction in the hope that nobody notices the total lack of substantive direction or vision as it speeds down the road to the White House. Can’t these guys see that they’re soiling themselves and the American political process?
[Credit Cards: Research and compare credit cards at Credit.com]
Image: DonkeyHotey, via Flickr
March 11, 2021
Personal Finance
March 1, 2021
Personal Finance
February 18, 2021
Personal Finance