No Wonder Obama Can’t Move the Needle « Commentary Magazine: "John Podhoretz on Fox and Friends this morning noted that the Obama campaign has spent $120 million since June trying to tear down Mitt Romney. But in June, the Real Clear Politics average of polls had Obama ahead by two points and this morning he is ahead by less than 1 percent, not much of a return on his investment.
One reason for his failure to demonize Romney and pull away from him in the polls might be found here (h/t Instapundit). Since the so-called recovery began in June 2009, the median household income has fallen by 4.8 percent. That’s more than it fell during the recession (2.6 percent)."
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