Remember, "It's the economy stupid
." Today I have, as President, perhaps the greatest economy in history...and to the Mainstream Media, it means NOTHING.
The common wisdom about elections, since Bill Clinton's adviser, James Carville, fashioned his famous "it's the economy stupid
!" soundbite, is that voters punish politicians in power during hard times.
Whether reasons or excuses, there is a political adage that sometimes cuts through the fog: It's the economy stupid
! Denial can be a powerful emotion.
"WELL it's the economy stupid
!" So proclaimed Bill Clinton in 1992.
This, of course, concentrates only on the economics, but as someone once said "it's the economy stupid
Bill Clinton famously focused his campaign on reminding supporters that 'it's the economy stupid
' and sadly this was not a phrase which jogged Ed Milliband's memory when he neglected to talk about the deficit in his conference address.
And, of course, it's the economy stupid
. And he may be lucky.
Well, in the words of former US President Bill Clinton, it is clear - "It's the economy stupid
." And as engines of growth, the economic performance of cities is integral to a successful economy.
Our unspoken mantra must be "It's the economy stupid
"But if you'd stop there and say, 'It's the economy stupid
,' you'd be stupid."
The man who won office on the slogan "It's the economy stupid
" has overseen the most prolonged boom in his country's history.
There are many: the recession (it's the economy stupid
); urbanity (cities and city regions) versus rurality (more remote, less populated rural areas); in-town versus out-oftown; Zone A rents (an anachronism) versus turnover rents (tangible reality); parking charges (perceived solely as income collection versus being an integral part of a positive visitor experience); landlords reducing rents versus a current rating system based on values assessed as at April 1, 2008.
j BILL Clinton's administration made famous the phrase "It's the economy stupid
"It's the economy stupid
." So said President Clinton, speaking about the core issue of a US presidential election.
If we apply Bill Clinton's "It's the economy Stupid
" comment to the problems of Wales, who do we blame?