http://www.washingtonpost.com/wp-dyn/articles/A46543-2004Feb16.htmlEconomy May Work in Bush's Favor
Housing Boom, Tax Cuts Buoy Many Voters, Despite Job Losses
By Jonathan Weisman
Washington Post Staff Writer
Tuesday, February 17, 2004; Page A01
<snip>But other facets of the economy may prove far better indicators of the sense of well-being that voters will bring to the ballot box in November, economic forecasters say. The booming housing market has given even struggling workers the ability to latch onto a tangible talisman of personal progress. Wage growth has been nearly stagnant, but thanks to Bush's tax cuts, disposable income has risen. And after nine quarters of slow but steady growth, the economy as a whole is poised to take off, giving some shaky households a sense of optimism about the coming year.<snip>
Even Mary Beardmore -- a Bush voter in 2000 and still unemployed -- said she is willing to give the president a pass. "You know, George Bush does not control the economy that much," she said.<snip>
Last week, the Democratic polling firm Lake Snell Perry & Associates Inc. sent clients a memo saying voter anxieties over layoffs have actually receded. But concern is rising over health care and education costs, job quality and employee benefits, and the long-term implications of job movement overseas.<snip>
Patterson did not vote for Bush in 2000, nor is she about to this year, she said. But her anger at the president revolves around undiscovered weapons of mass destruction in Iraq and a perceived tilt to the rich, she added, not her own economic fortunes.<snip>
<snip>Celinda Lake, a Democratic pollster and president of Lake Snell Perry, said the electorate is dividing sharply into two groups. Voters with individual stocks, usually college-educated, are feeling optimistic and leaning Republican. Voters who say they personally know someone who is unemployed -- especially young voters and blue-collar workers -- are pessimistic and leaning Democratic.<snip>