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I won't comment on the article, but I will note that my brother, who used to work for the RNC, has been sending top Republicans emails for two years warning them that they were going to lose their majority over economic issues, not Iraq. They seriously expected to hold on to blue collar Republicans and Reagan Democrats who were having to work three jobs to keep from losing their homes because of $3.50 a gallon gas, skyrocketing mortgage rates and utility bills, doubled credit card minimum payments, and new laws designed to make it harder even to declare bankruptcy? How Bush could have appointed someone to head the Fed without getting an ironclad guarantee of no more interest rate hikes before the election is beyond me. I am a dyed-in-the-wool conservative whose late father founded our county's Republican party, but even I was furious about my ARM, which was the only thing I could get due to being self-employed. In the past four years, my mortgage payment rose by nearly $500 a month thanks to the Fed "helping" me by preventing inflation, defined by Alan Greenspan as his paranoia that anybody other than him might be earning a dime more than he did 10 years ago. Meanwhile, the GOP Congress was spending money like drunken sailors on a three-day shore leave.

I voted Republican, but only because I knew the alternative was even worse, not because the current Congress gave me any reason to reelect them. Unfortunately, other voters were harder to convince. If the Pubbies ever want to get back into power again, they'd better rediscover their principles, start acting like conservatives, and come up with policies that reward average Americans for working hard. Trying to convince someone that the economy is booming by pointing at the Dow when the person you're talking to is having his house foreclosed on is not a formula for winning elections.

"They seriously expected to hold on to blue collar Republicans and Reagan Democrats who were having to work three jobs to keep from losing their homes because of $3.50 a gallon gas, skyrocketing mortgage rates and utility bills, doubled credit card minimum payments, and new laws designed to make it harder even to declare bankruptcy?"

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Property taxes nearly doubled here in Ct in the last 5 years too.

"Trying to convince someone that the economy is booming by pointing at the Dow when the person you're talking to is having his house foreclosed on is not a formula for winning elections."

Things have ground to a halt here locally in CT. Body shops are dead. One of my businesses has not been this slow since 1992. The builders who have been blowing out huge chunks of woodland and laying down McMansions are all on suicide watch now.....we gotta take their belts and shoelaces.

Wall street is soaring.

Go figure.

to keep from losing their homes because of $3.50 a gallon gas, skyrocketing mortgage rates

What planet are you living on again?

Last I checked, mortgage rates were STILL at near-historic lows.

And gasoline is around $2.09 a gallon on average.

Oh yes, it went up to $3.00 for a few months, and the lamestream media had a ballistic breakdown. (at the request of the DNC, naturally)

Again, in reality, the price of gasoline TODAY is in line historically with other products such as auto's, insurance, housing, paper products, plastic, food, etc.

Methinks someone has been buying into the liberal media hype.

Trying to convince someone that the economy is booming by pointing at the Dow when the person you're talking to is having his house foreclosed on is not a formula for winning elections.

Historically LOW mortgage rates.

Historically LOW unemployment rates.

Record HIGH home ownership rates.

All three of these things occurred under the GWB Administration in the past few years.

I'm not sure which liberal TV or newspaper you are getting your depressing info from, but it must be a real DOOZY.