Our side is in a strategic bind. On the one hand, we want the economy to improve. Nobody likes unemployment to be this high, or growth this slow.
But on the other hand, it kills us that things might improve under this guy, when he's done everything he can to hobble the economy.
But on the other other hand, we need to digest the following indicators, and adjust our pitch to the moderate swing voters accordingly. Because the only way to win in November is for some of the folks who voted for Obama to vote for our side.
Two big items:
1. Walmart says that the economy is "back on track." From Forbes:
Americans are back in Wal-Mart stores, says CEO Mike Duke.
And expecting strong sales this year, Wal-Mart, a Dow component, raised its quarterly dividend 9%. “We are pleased that the strength of our financial position allows Walmart to again increase our dividend payout to shareholders,” Duke Thursday said in a news release.
2. Consumer confidence hit a one-year high in February. From Reuters:
Consumer confidence scaled a one-year high in February as optimism about the labor market offset concerns over rising gasoline prices, an independent survey showed on Tuesday.
The Conference Board said its index of consumer attitudes increased to 70.8 this month - the highest reading since February last year - from an upwardly revised 61.5 in January.
Economists polled by Reuters had forecast the index rising to 63.0 from a previously reported reading of 61.1 in January.
"Consumers are considerably less pessimistic about current business and labor market conditions than they were in January," said Lynn Franco, director of The Conference Board Consumer Research Center, said in a statement.
"And, despite further increases in gas prices, they are more optimistic about the short-term outlook for the economy, job prospects and their financial situation."
So we're going to need to be pretty tightly focused, it seems to me, on jobs, debt, and government waste. And gas prices. Anything else I'm missing? Again, the key is to win back Obama voters. Anything else and we're just spinning our wheels.