Gallup released its economic confidence poll today, asking the basic question of whether respondents are confident about the state of the economy, and whether they think the economy is getting better or worse. The results explain a hell of a lot about our national politics. Here's the snapshot:
One of the Economix bloggers at the New York Times comments
In case you’re wondering why Congress spent so much time twisting itself in knots over the long-term deficit, instead of over the current jobs crisis, this might help explain things: Washington, D.C., is the most economically optimistic area in the nation, according to Gallup.[...]
Not only does Washington have the highest index value of any state or district in the country, it's also the only place where the index value is positive.[...] In every state, a majority of residents think the economy is getting worse. In the nation’s capital, however, a full 60 percent of people think the economy is getting better.
Out of touch? Living in the Beltway Bubble? I'd guess so.
The rest of the country is flipping out about the economy because they are actually living that reality. Perhaps while 535 of those Washington residents are out visiting the people across the nation they're supposed to be representing, a little bit of reality will be explained to them.
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