http://www.usatoday.com/news/washington/2008-01-15-EconomyVoters_N.htmWASHINGTON (AP) — Wages are stagnant, state treasuries are running out of money, and across the United States a growing number of Americans face the prospect of foreclosure as the subprime mortgage crisis deepens.
These are hard times for Americans, who have begun expressing worries about the state of the economy more than the war in Iraq. Candidates have seized upon the shift in the days leading to Tuesday's Republican primary in Michigan, home to the once-dominant but now faltering U.S. automobile industry.
"I think the economy is likely to be the No. 1 issue, but I wouldn't dismiss Iraq," said Thomas E. Mann, an expert on U.S. elections and politics at the Brookings Institution, a Washington think tank.
Speaking further about the Iraq war, which is close to entering its sixth year, Mann said, "Frankly it's already factored into the public consciousness. It is already there as a serious political factor."
The economy also will not go away. Officially the United States is not in a recession, but many experts expect one. The Federal Reserve bank's interest-setting committee is meeting in two weeks, within days of Super Tuesday on Feb. 5, when more than 20 states have presidential nominating contests. The committee is expected to lower the interest rate, which could indicate concerns about a possible recession, and that move will be fresh in the minds of voters.