Posted on 08/31/2008 7:39:48 AM PDT by TigerLikesRooster
Economy May Not Influence Election As It Has in Past
Polls Contradict Forecasting Models
By Lori Montgomery
Washington Post Staff Writer
Sunday, August 31, 2008; A12
Home prices are plummeting, food and energy costs are sky high and, for many families, disposable income is stagnant or falling. Economic forecasters say conditions are the worst they've seen in a presidential election year in nearly three decades.
That should spell big trouble for the party in control of the White House, and the Democrats should be waltzing to victory, history suggests. But so far it hasn't turned out that way, even though voters by a wide margin name the economy as the most important issue in the campaign. As the presidential contest enters its final months, public opinion polls show Sen. Barack Obama (D-Ill.) locked in a tight race with Sen. John McCain (R-Ariz.).
Economists who say economic conditions can be used to explain the outcome of almost every presidential election since at least the 1950s are perplexed.
"Historically, the economy seems to matter. And given the state of the economy, it should be giving Obama an edge," said Chris Varvares, president of Macroeconomic Advisers, a St. Louis firm whose forecasting model found that Obama should trounce McCain by nearly 10 points in November.
Indeed, certain economic factors are so negative that,
(Excerpt) Read more at washingtonpost.com ...
Some real estate markets are actually growing.
Things are not as bad as the MSM is saying.
This allows the Democrats to ignore the facts that the economy grew 3.3% in the second quarter.
9% approval of the Democratic controlled congress for the past 2 years says it all. We need more Lawyers in Congress to help the economy, Yeah Right!
This allows the Democrats to ignore the facts that the economy grew 3.3% in the second quarter.
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What the realities are, make no difference to what the DimoRATS say or do. They will lie at every turn, and their pinko lapdogs in the MSM, will print every LIE they state.
So reality is no longer an obstacle for the lying, cheating Marxists — kinda goes along with socialists and their ilk anyway. A total lack of ethics, morals, obedience of laws, and honesty makes being a fraud and a criminal much easier....
True enough.
See my post below from Friday evening
http://www.freerepublic.com/focus/f-news/2070950/posts
This election has been and will be all about Obama. The choice will be do we take a chance with this guy or go with the guy we know.
DANG!! And after they worked so hard to drag it down!!!!!!!
Most people are not selling their homes, and if they are most are still in the black. Food prices are higher relatively speaking but they were rising from a dirt cheap base. The GOP should own the energy issue. If they have any brains at all, they will run ads with Pelosi's ignorant and insulting statements about oil and tie her to Obama.
Democrat lead Congress at 9% approval rating.
Well, since the Democrats are the cause of most of the economic woes today, having been in power for the last year and a half when the economy went south and oil prices skyrocketed, they probably in the end will be happy if it isn’t a factor.
On the other hand, since the measurement of it “not being a factor” is how little it is helping the democrats, I think the truth is it IS a factor but people understand it’s the Democrat’s fault. Thus the 9 percent approval rating.
I hope the economy IS an issue, and that Sarah Palin makes it one. She can very effectively argue that the Democrats are the ones standing in the way of lower energy costs. If some other people tried, they be brushed off as “out of touch stupid white males”.
That’s because people are looking at Obama’s plans to raise taxes going into a slowdown/recession and they understand that this is an idiotic policy. And lets not forget the pie-in-the-sky spending proposals. We’re already running deficits of hundreds of billions of dollars. The taxpayers of this country aren’t completely stupid. They know that we can’t afford his garbage.
That’s the way I explain it, anyway. There’s no other reason that I can see for the fact that McCain is running dead even on the issue when a more sensible economic position from the Dems would have Obama trouncing him with the mood of the country as it is.
I think that’s one of the best things about this pick. Even if it happens on no other subject, I think she’s going to rip Biden absolutely to shreds on energy policy during the debates and it will resonate with voters. Her state is on the front lines of the entire domestic energy debate.
Now it is just fine to force affirmative action on someone else, but don't go putting one of those guys in charge of my economy.
btt
I think the economy was doing just fine until the Democrats took over congress.
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