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It's the economy, stupid" is a catchphrase that means that the primary concern of American voters is the state of the U.S. economy, and how the economy affects their personal finances. [1] [2] The phrase was coined by James Carville in 1992 as "The economy, stupid". It is often quoted from a televised quip by Carville as "It's the economy, stupid".
Goodhart's law is an adage often stated as, "When a measure becomes a target, it ceases to be a good measure". [1] It is named after British economist Charles Goodhart, who is credited with expressing the core idea of the adage in a 1975 article on monetary policy in the United Kingdom: [2]
It was in Sorensen's first year working for him, during Kennedy's tenure in the Senate, while Sorensen was trying to tackle economic problems in New England, that he happened upon the phrase. He wrote that he noticed that "the regional chamber of commerce, the New England Council, had a thoughtful slogan: 'A rising tide lifts all the boats.'"
Looking at Trump’s policies and the current economy, here are some things that could happen to your money in Trump’s first days in office. Also see six things to buy before Trump’s ...
A version of this post first appeared on TKer.co. Stocks closed higher last week with the S&P 500 gaining 2.3%. The index is now up 15.9% year to date, up 24.4% from its October 12 closing low of ...
The Biden White house will be talking up the economy during the next few weeks. Here's why. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ...
"You have two cows" is a political analogy and form of early 20th century American political satire to describe various economic systems of government. The setup of a typical joke of this kind is the assumption that the listener lives within a given system and has two cows , a very relatable occupation across countries and national boundaries.
The call for voters to endure some hardships comes as the U.S. economy heads toward Election Day on firm footing, with consumer confidence rising, employers still adding hundreds of thousands of ...