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:
“There used to be two kinds of kisses. First when girls were kissed and deserted; second, when they were engaged. Now there’s a third kind, where the man is kissed and deserted. If Mr. Jones of the nineties bragged he’d kissed a girl, everyone knew he was through with her. If Mr. Jones of 1919 brags the same everyone knows it’s because he can’t kiss her any more. Given a decent start any girl can beat a man nowadays.”
—F. Scott Fitzgerald (1896–1940)
“Always remember that a child doesn’t have to be average to be normal. Children with very different temperaments can be equally successful.”
—Lawrence Kutner (20th century)