Bad news for Republicans hoping to ride a wave of economic discontent into office this November:
A flurry of reports out Wednesday suggested that many Americans are feeling better about the economic rebound.
Retail spending rose sharply and more than expected. Consumer inflation remains all but invisible. Businesses are boosting their stockpiles in anticipation of higher shopper demand.
Still, it’s not all gloom and doom for the Prefers GOP Party. While most economists expect a sustained recovery, Federal Reserve Chairman Ben Bernanke cautioned that it would not have “enough strength to quickly reduce unemployment much.” That leaves plenty of opportunity for Republicans to exploit the well-justified anxiety of the job-insecure… which perhaps explains why they’re so eager to exacerbate this suffering by opposing an extension of unemployment benefits.