As Shrum pointed out, most Americans are insecure about their
own finances. A recent Pew poll found that 53 percent rate
their personal finances as only fair/poor, up from 49 percent
in January. Additionally, 58 percent believe that their personal
income is “falling behind” compared to their cost
of living, up from 44 percent in January.
Transcript:
RUSSERT: Let me ask you about the economy, Mary Matalin.
CNBC has a new poll coming out tomorrow — Wealth in
America. They ask one question — the current state of
the economy. Excellent or good, 16 [percent]. Fair or poor,
83.
In an election where the economy is central to people. And
the Republicans are actually asking for a third term in the
White House. What do those numbers mean to you?
MATALIN: Well, there’s an element of cognitive dissonance
there, because if you ask them how their own personal finances
are going, those numbers completely switch. Yes — he’s
looking around. Those numbers are completely true. They absolutely
switch on their own personal finances.
SHRUM: I think most people are getting very insecure about
their personal finances.
MATALIN: That’s because they’re berated with
these numbers. However, we haven’t had the contrast
yet. People do not want, as a furtherance of economic policy,
the kind of centralization Obama and Hillary are proposing,
they don’t want more regulations, they don’t want
higher taxes, they don’t want less trade. Maybe there’s
a way to help the transition in Ohio and Pennsylvania, those
manufacturing states.
But when you start contrasting liberal liberal liberal —
redistributionist policies with limited government policies
— the limited government conservative policies, economics
win every time.
RUSSERT: Is it the economy, stupid?
CARVILLE: Of course it is, and people are feeling it. This
is not something created by the media. These mortgages, these
high energy costs, these pathetic employment numbers, the
health care costs, food costs — they’re just killing
people out there. They’re not just being told that things
are terrible. They’re feeling this every day.