During Bill Clinton’s campaign, his campaign strategist, James Carville, coined the phrase, “the economy, stupid,” as a way to refocus voters’ attention and to say that George H.W. Bush had not adequately addressed the economy. The phrase was meant for an internal audience of campaign workers, but it became widely used.
All you have to do is drive around our City or any city in the U.S. and you get the immediate impression that “It’s the economy stupid” is current again. The economy looms over us like a huge black cloud. And it affects family after family.