Prices & the personal economy

Everybody “knows” two things about the economy: it’s (at least somewhat) important politically and it’s getting better.

Take the first as a given, but the second needs greater exploration. …

We think about solving economic problems primarily in terms of jobs. If people are economically ill at ease, Democrats search for ways to create more and better jobs. Always a worthy goal, to be sure. But right now, for example, jobs are not voters’ most pressing economic concern; prices are, the cost of living. In a recent survey we juxtaposed the two and found twice as many voters concerned about rising prices as about creating good jobs. CONTINUED

Mark Mellman (Mellman Group), The Hill

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