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:
“Casey Jones, mounted to the cabin,
Casey Jones, throttle in his hand,
Casey Jones mounted to the cabin,
Took his farewell journey to the Promised Land.”
—Unknown. Casey Jones (l. 49–52)
“From a hasty glance through the various tests I figure it out that I would be classified in Group B, indicating “Low Average Ability,” reserved usually for those just learning to speak the English Language and preparing for a career of holding a spike while another man hits it.”
—Robert Benchley (1889–1945)