To: calgal who wrote (51636 ) 5/21/2012 2:57:41 PM From: calgal Read Replies (2) | Respond to of 71588 the Economy: What Are We Talking About Here? 1:15 PM, May 21, 2012 • By GEOFFREY NORMAN Single Page Print Larger Text Smaller Text Alerts In the overall national poll, Obama was favored over Romney by double-digits on three fronts: handling living standards for the poor, the concentration of wealth and the cost of a college education. Romney was favored over Obama by double-digits on three fronts: dealing with the deficit and debt, the financial performance of savings and retirement investments, and economic growth. — Susan Page, USA Today Hardly anyone would dispute the assertion that the issue driving the elections this year will be “the economy.” But what, exactly, do voters mean when they talk about “the economy.” The answer, in ordinary times, would be fairly straightforward. To know how they feel about the economy, most voters ask themselves a simple question: “How am I doing?” If the answer lies anywhere between “pretty good” and “great,” then the incumbent can take the afternoon off. “Poor” to “awful,” means he and his team of spinners need to work on changing the subject. “Did you know my challenger once went honky tonking in Memphis with a woman who was not his wife? It’s true he wasn’t married at the time. He was just a college kid, in fact. But he did use a phony ID to buy beer. And 40 years only seems like a long time ago.” The president and his team, along with various units of the mainstream media, are doing their best on this front. But it is hard to imagine them breaking through the widespread perception that the economy is in serious, if not terminal, trouble.