I have a quirk that manifests itself just about every time I go to the beach. As I sit there in my chair gazing out over the ocean I can't help imagining what a one hundred foot tsunami would look like as it rose up just off the coast. I picture with a shudder how much death, damage, and devastation such an unimaginably powerful wave would cause to the entire coastline. I think a lot of people might be starting to experience similar fantasies right now about our economy.
Whether you think the trend illustrated by the graph below is good or bad will depend upon your point of view, of course, but I wonder if it's not an indication that a significant number of people are emerging from their hope-and-change trance and starting to realize that the current administration's policies are generating an economic tsunami.
The wave crest of a tsunami may not be particularly high at first, but as it approaches the shore it suddenly rises to enormous heights and wipes out everything in its path. People standing on the beach of our economy are seeing the surf suddenly rush out to sea. The ocean is beginning to swell and rise to alarming proportions in the distance, and many, especially among political independents, are gathering up their children and preparing to flee.
The green line represents those who think the President is doing a good job. The red line represents those who think he's not:
When people consider the cumulative effect another "stimulus" bill, higher taxes, the cap and trade energy bill, nationalized health care, and astronomical deficits and debt will have on their personal finances they begin to feel genuine fear for their future and that of their children. I suspect the above trend lines reflect that growing fear.
The really bad news for White House political strategists is this: Eventually the media may tire of playing the Washington Generals to Barack Obama's Harlem Globetrotters, and when they do these numbers will get much, much worse for the President.
If the media starts reporting the consequences of our debt and extraordinary spending binges voters will start fleeing the beach in panicked thousands as the tsunami looms high over their heads, and then that red line will shoot right off the top of the chart.
RLC