Forbes.com: Jobless Claims Up on Impact of Charley
Forbes.com: Jobless Claims Up on Impact of Charley
What is it with the Bushes and hurricanes? Wasn't it just 12 years or so ago when hurricane Andrew tore up the Southeast and sent the economy into a little dip. That was right before the presidential election between Bush Sr. and Bill Clinton. The economy dipped and the Democrats played it up as the fault of the Republicans instead of Andrew's fault. I can see this playing out during the final months of the campaign as the Democrats continue to harp on the economy as an issue which the Republicans are failing to address. Personally, the economy seems to be doing great. After September 11th, work fell off dramatically and even with reduced staff it was hard to keep busy for a full 8 hours a day. We've hired new people and I still have to work overtime now and then to keep up. Since architects make their money off of businesses and wealthy individuals, I'd say that things are turning around for lots of people. If a business has money to spend on physical assets, then everything else must be doing well. My investments are above the September 11th levels as well. Bush and Co. get good marks on the economy, though I notice my fellow Democrats don't seem to want to admit it.
We'll wait and see how long it takes for the economic fallout from Charley to hit the political circuit and what context it takes on in the process. If Charley related economic issues surface under the guise of Republican mismanagement, I'm going to be thoroughly disgusted with my party. Can this work in two elections? Tune in and find out!
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