Nobody Gets Reelected with Numbers Like This

by Steven F. Hayward

Sam Staley notes below the weak jobs numbers out today, and while my colleague and regular lunch pal Kevin Hassett — the only person at AEI with a disposition sunnier than mine — thinks better growth is coming soon to an economy near you, don’t miss the supernumerate Jay Cost over on the blog at That Other Conservative Magazine, who compares this “recovery” to past economic cycles and concludes two things: “This has been the worst economic recovery in generations, at least as it is felt by the average American. . . . Nobody gets reelected with employment way down, real income way down, and 14 percent of his fellow citizens on food stamps. Nobody.”