HolyCoast: Bin Laden's Dead Terrorist Bounce
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Thursday, June 09, 2011

Bin Laden's Dead Terrorist Bounce

They normally call this a "dead cat" bounce, but I took liberty with the title (from Political Wire):
A new CBS News poll finds President Obama's approval ratings fell to 48%, compared to a 57% in the days immediately following news of Osama bin Laden's demise.

Key findings: "About 79% of the poll respondents said the economy is in bad shape, essentially unchanged from April but higher than the 74% who reported the condition of economy as poor in January. Perhaps more disturbing for the White House is that about a third of the people think the economy is headed in the wrong direction."
In the words of the immortal James Carville from 1992: "It's the economy, stupid." Still works in 2011.

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