Doug Jones Average
The "Doug Jones Average," a concept created by Jim Hightower, is the proposal that in order to check the true health of the American economy, it is less useful to look at the Dow Jones Industrial Average than it is to check up on how Doug Jones down the street is doing. If Doug Jones is on welfare, cannot feed his family, is blowing his savings, and is three weeks behind on his bills, the Doug Jones average is "down." If Doug just got a raise, can pay his bills and Doug and his family are looking into owning a nice but not too expensive house, the Doug Jones average is "up."
Read more about this topic: Jim Hightower
Famous quotes containing the words jones and/or average:
“I said in my novel that the clergyman is a kind of human Sunday. Jones and I settled that my sister May was a kind of human Good Friday and Mrs. Bovill an Easter Monday or some other Bank Holiday.”
—Samuel Butler (1835–1902)
“May you be ordinary;
Have, like other women,
An average of talents....”
—Philip Larkin (1922–1986)