December 9, 2005

JUST WAIT'LL THE DOW BREAKS 11,000:

Candidates Welcome Bush: Despite Dip in Polls, He's Like a Magnet for GOP Money (Jim VandeHei, 12/09/05, Washington Post)

Bush, who smashed fundraising records in back-to-back presidential triumphs, has helped raise more than $50 million this year. He is planning to greatly intensify his political efforts for Republican members of Congress in next year's midterm elections, aides said.

The willingness of candidates to enlist Bush's help suggests that even in a season of discontent, the president retains some powerful political assets, ones that could help him improve his fortunes on Capitol Hill and beyond. [...]

Even Rep. Christopher Shays (R-Conn.), who often opposes Bush on policy issues, said he would "welcome him" in his district: "I know he would be controversial, but he is the president and he is a friend."

This is good news for Bush, GOP strategists say. One barometer of presidential popularity is the eagerness of candidates to appear with the chief executive. In 1994, only a few Democratic candidates were willing to appear with Bill Clinton -- foreshadowing then-Rep. Newt Gingrich's "Republican Revolution" in the midterm elections that fall. On the other hand, even during his second-term sex scandal and impeachment, there were still plenty of Democrats eager for Clinton's help in fundraising.

Bush has never been radioactive with conservative contributors. As long as he remains a financial draw, Bush will retain considerable leverage over GOP lawmakers who determine the fate of his agenda.

Posted by Orrin Judd at December 9, 2005 10:08 AM
Comments

"even in a season of discontent". This is what happens when the MSM remains in its coccoon, believing its own biased-poll-driven propaganda. And then they are surprised that Bush remains popular with those whose fortunes depend upon Bush's standing. How can that be!! Where's the disconnect!!

Posted by: sam at December 9, 2005 11:14 AM

Falling gasoline prices have led to some improvement in consumer confidence over the past few weeks. But the public remains deeply unhappy about the state of the economy. According to the latest Gallup poll, 63 percent of Americans rate the economy as only fair or poor, and by 58 to 36 percent people say economic conditions are getting worse, not better.

Yet by some measures, the economy is doing reasonably well.

Posted by: PaulKrugman at December 9, 2005 11:16 AM

Paul: We're honored that you've joined us, but even for big hitters like you we ask that the comments be within shooting distance of the topic and that references to work published elsewhere be short and include links.

Posted by: David Cohen at December 9, 2005 11:30 AM

my own polling shows that america is happy with the economy.

Posted by: Paul Krugerand at December 9, 2005 12:27 PM

Very tasteful excerpt of my article. Perhaps you would like to comment on what were the real, undeniably points of the article?

http://www.techcentralstation.com/120905F.html

Posted by: PaulKrugman at December 9, 2005 12:35 PM

Paul:

That is the undeniable point. The economy is doing fabulously but folks feel bitchy anyway. they'll get over it.

Posted by: oj at December 9, 2005 12:43 PM

How's your cat?

Posted by: Gideon at December 9, 2005 5:16 PM

Yet by some measures, the economy is doing reasonably well.

"Some"? How about output growth, unemployment, inflation, increases in personal income...

Posted by: Tom at December 10, 2005 11:15 AM

Yet by some measures, the economy is doing reasonably well.

"Some"? How about output growth, unemployment, inflation, increases in personal income...

Posted by: Tom at December 10, 2005 11:16 AM
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