Commentators friendly to the president couldn’t understand it. The economy was expanding. Unemployment was falling. But the public was unhappy about the economy and the president’s popularity kept slipping.
That’s the way things looked in 2006 to a lot of Republicans, and they concluded that the problem was that the “Bush boom” was “the greatest story never told.”
Inflation and the Economy: Americans Think They're Slipping Because They Are - Bloomberg
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