Paul Krugman: Bush doesn't feel your pain.
Krugman on the economy:
On the economy, too.
Not surprised, Herb.
President Bush's main purpose in visiting India seems to have been to promote nuclear proliferation. But he also had some kind words for outsourcing. And those words help explain something that I know deeply puzzles the administration's political gurus: Mr. Bush's dismal polling on economic issues.The President is... out-of-touch?
Now the American economy isn't doing as well as Bush partisans think it is. In fact, since the end of the 2001 recession, the recovery in jobs, output and especially wages has been unusually weak by historical standards. Still, the economy is expanding, so it's impressive just how large a majority of Americans disapproves of Mr. Bush's economic management.
Why doesn't Mr. Bush get any economic respect? I think it's because most Americans sense, correctly, that he doesn't care about people like them. We're living in a time when many Americans are feeling economically insecure, but a tiny elite has been growing incredibly rich. And Mr. Bush's problem is that he identifies so totally with the lucky, wealthy few that in unscripted settings he can't manage even a few sentences of empathy with ordinary Americans. He doesn't feel your pain, and it shows.
:::
Mr. Bush once joked that his base consisted of the "haves and the have-mores." But it wasn't much of a joke. His remarks in India show that he really can't imagine what it's like not to be a member of a privileged economic elite.
On the economy, too.
Not surprised, Herb.
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