March 28, 2006


Consumer Confidence Highest Since 2002 (ANNE D'INNOCENZIO, 3/28/06, AP)

Americans' optimism in the economy rebounded in March, sending a widely followed barometer of consumer sentiment to a near four-year high, a private research group said Tuesday.

The Conference Board said that its consumer index shot up 4.5 points to 107.2, the highest level since May 2002, when the reading was 110.3. Analysts had expected a reading of 102.

There is no electoral theory whereby it hurts to be an incumbent in the midst of a roaring economy.

Posted by Orrin Judd at March 28, 2006 11:47 AM

. . . and this piece of news will be the leading story on all the networks this evening, no doubt.

Posted by: obc at March 28, 2006 12:48 PM

They also don't vote for people who "partner" with Ted "the swimmer" Kennedy to gut the immigration law either - like Snake Man McCain.

Posted by: Michael at March 28, 2006 1:35 PM

Yeah, like that frickin' liberal Sam Brownback. Boy, I hate him.

Posted by: Timothy at March 28, 2006 1:48 PM

Why the huge wrong-track numbers then?

Posted by: Pepys at March 28, 2006 2:13 PM

Remember, the economy was strong in 1986, and Tax Reform was supposed to be a big plus for the GOP. Granted, some of the incumbents were bozos, but.....

I do think the GOP will add seats in the Senate, and just about break even in the House. Bush, Rove, Mehlman, et al. at much better at their jobs than any Democratic alternative.

But the failure to challenge Kent Conrad, to support Katherine Harris, to attack Byrd (who may retire anyway - his wife died two days ago), and to generally have any coherent agenda in the Senate is going to haunt the Republicans. Just sayin'.

Posted by: jim hamlen at March 28, 2006 2:50 PM

Actually, Jim, the economy in 1986 was nowhere near strong in states like the Dakotas, which was in the midst of a nasty Farm Crisis. Not to mention states like CO, TX, and LA, which had oil price bust issues.

Posted by: Brad S at March 28, 2006 2:56 PM


The Fed keeps raising rates, gas is $2.40 a gallon and there's war on...folks are entitled to feel somewhat pissy.

Posted by: oj at March 28, 2006 2:58 PM

yes. the GOP barely survived the Bush/Kennedy NCLB bill....

Posted by: oj at March 28, 2006 3:00 PM

Wow--the "evil of Mexico" is a new one for me. The McCain bill sure is destroying a lot of fragile minds today...

Posted by: Timothy at March 28, 2006 3:11 PM

Got accosted in the mall today by an AP reporter and camera-man doing a piece on this topic. Told 'em they wouldn't report anything I said that was positive and that AP could go to hell. They didn't appear to be surprised.

Posted by: ghostcat at March 28, 2006 5:01 PM

Brad -

I had forgotten about the farm stuff. What I do remember is the price of gas falling to about $0.90 a gallon in April/May of 1986. Of course, that explains the problems you mentioned in CO, LA, and TX.

ghost: good for you.

Posted by: jim hamlen at March 28, 2006 6:05 PM