If you don’t think these statistics will have more of a bearing on this November’s election results than President Obama’s stances on gay marriage, free contraception, etc., then you’re fooling yourself. From a USA Today story:
The stats won’t matter because people pay attention to stats, but rather because they tell a story of a large number of Americans for whom things haven’t gotten more secure in the past three years. For some of them, things have gotten shakier. The story did note one positive trend — the percentage of households with more than $50,000 in liquid savings is up to 14.6 percent from 11.8 percent in 2009 — but that increase is smaller than the decrease in households with no savings.
There’s a reason you hear Mitt Romney harping on the economy, while Democrats try to change the subject. If the families represented above turn out at the polls in November, this is the topic they’re going to be most interested in — and I find it hard to believe they’ll think the current trajectory is the right one for them.
– By Kyle Wingfield