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Poll of the Day

11 Sep 2007 04:28 pm

The latest issue of National Journal contains this intriguing poll in its front of the book. It seems that 84 percent of American CEOs say the economy is either "good" or "excellent." Meanwhile, just 37 percent of the American public agrees.

I blame the liberal media.

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Comments (9)

Since you moved to Atlantic you have been linking to more and more stuff that isn't publicly accessible. It is annoying.

84 percent of policy wonks say the Iraq War is either lost or flat out unwinnable. Meanwhile, 54 percent of the American public believes success is still possible.

I blame Fox News.

The american public just doesn't appreciate the trickle-down effect that the gold-plated bathroom fixture industry has on the economy.

Just more evidence that most people are too irrational to know what's good for them. Obviously, CEOs are the only people who should have the vote.

Decent link, Tom, but I would have gone with this one.

If you pay wasn't tied to performance and they still showered you with millions, you'd think the economy is "excellent" too.

One of the smartest things corporations ever did was pay tv journalists and top pundits oodles of money. It buys a lot of class solidarity.

jhupp, you're right...and I should have thought of that one, because I wrote about it too.

Still, Caplan really does just piss me off.

You seem to be forgetting that CEOs are basically salesmen who push stock. They're always going to say that the future looks bright, because they're trying to talk up their share prices.

These CEO's don't think the economy is excellent. That's just the answer they gave to a poll question. The answer was a political one having nothing to do with what they think.

If perchance all these CEO's gave in depth interviews to the general media on issues such as the overall economy they would probably hedge a bit, describe some general macro 'worries' and come down with a grade of B-. That might reflect what a few of them think but most are probably in the C and hope to God it doesn't get a lot worse camp.

They won't of course. Expecting a CEO to tell what they personally think of anything is a fools errand. All their public and much of their private speach is calculated. If they have to lie and everyone knows they are lying they will still lie, under oath, every time. (the tobacco hearings) So will every upper management person and board member of every major public corporation in the entire world.

Then people wonder why democracy doesn't seem to work so good.


Comments closed September 25, 2007.

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