getting students to engage the news…
This article is chock full of interesting information about the public perception of the economy and the budgetary and debt situations. Take for instance this chart showing peoples solutions to cutting the deficit. What would you do to cut the deficit? Is it important that we do this sooner rather than later?
Notice that personal economic situation is much more significant an issue than any of the other potential concerns. Americans are very often called “pocketbook voters” because there is a strong persistent pattern of voting based on this concept – personal economic situation compared to the last election.
Why do you think this is so important compared to the other, arguably more substantial, budget concerns?
When you think about it “Rising Prices” is also a personal economic indicator rather than a national one. Why do you think there has been a significant shift in concerns about the deficit and rising prices since March? Is inflation slowing?