A Paycheck Revolt In 96
In many ways, he’s right. The White House cites low inflation (2.5 percent last year), a low ““misery index’’ (that combines inflation with unemployment), low mortgage interest rates (7.3 percent on fixed-rate loans) and soaring stocks. But Americans vote their paychecks, not their mortgage rates, and by that measure Clinton is in trouble. When he pops the election-year question ““Are you better off now than you were four years ago?...