Gasoline was $2.09 in the Twin Cities today.
The MSM can relentlessly spam the “worst economy since the Depression” propaganda, but most folks pay their mortgages, have jobs and can’t internalize macroeconomic stuff like the Fannie Mae meltdown or a 3/10 of one percent decline in the quarterly GNP.
The do know that they are saving $50 a week on gas compared to July. Banks still have money and neighbors are not being perp walked out of their homes by evicting Sheriffs. The Home Depot and Target parking lots are still full.
That hits home. At some point, Joe Citizen is going to enter the privacy of their polling place and concluding ... “we’re not in crisis mode necessitating a rash change”. I think that will benefit McCain.
I really think the gas prices will win the day.
Take away the “Economy in Crisis” panic and Hussein Obama has no emotional hook to reel in suburbanites.
I think there is a reasonable chance the market may roar on Monday. If the Dow is close to 10,000 on Monday evening, Obambi will be the dark stuff between the elephant’s toes by Wednesday morning.
I agree with your comments. That gas price is startling isn’t it. Wow...
As you state, the personal pain is nowhere to be seen. So much for the Great Depression II.
I don’t think we’re out of the woods yet, but this just doesn’t look like a dark hold abyss to the public at this point, at least IMO.
I think you’re on to something there.