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Conference Board: incumbent prez's voted out when consumer index dips to minus 100 mark
NY POST ^ | 10/5/04 | JOHN CRUDELE

Posted on 10/05/2004 3:47:22 AM PDT by Liz

The Conference Board says incumbent presidents over the last three decades are thrown out of office when the organization's consumer confidence index is significantly below the 100 level.

Jimmy Carter defeated President Ford when the index was just 87.1 in October, 1976. Ronald Reagan beat Carter four years later when the index dipped to 80.3 in September, which was the survey closest to that election.

In fact, the Board says the only time the pattern was broken was when George W. Bush beat Al Gore — who was the incumbent vice president — in 2000 even though the confidence index was a very lofty 141.9.

Even then, the Conference Board points out that Gore won the popular vote but lost on electoral votes.

The Conference Board says the current president should be even more worried if the consumer confidence index stays below 100 for the three months prior to the election.

Last week the Conference Board announced that the September confidence number fell to 96.8 from 98.7 in August. That's two straight months below 100.

Lucky for this president that confidence was at 105.7 in July.

The last consumer confidence number before the election will be released on Oct. 26.

The president can take comfort from the fact that neither August nor September's number could be described as "significantly" below 100.

* Please send e-mail to: jcrudele@nypost.com

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Extended News; Politics/Elections
KEYWORDS:
The president can take comfort from the fact that neither August nor September's number could be described as "significantly" below 100.
1 posted on 10/05/2004 3:47:22 AM PDT by Liz
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To: Liz

And this is supposed to matter how, exactly?


2 posted on 10/05/2004 3:50:09 AM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
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To: goldstategop
Every four years we go through these stories about fool-proof ways to predict who will be elected. Who has the most British royal ancestry? Who is the tallest? Where is the stockmarket? Who won a football game or baseball playoff? On and on and on.

It is all nonsense.

3 posted on 10/05/2004 3:52:44 AM PDT by Miss Marple
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To: Liz
Electoral-vote.com has President Bush with 321 electoral votes and Kerry with 200. I think this is more significant than whether the Consumer Confidence number is higher than 100. Here's the link
4 posted on 10/05/2004 4:06:38 AM PDT by Puzzleman (Bush = Steadfast leadership in time of change)
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To: Puzzleman; goldstategop

Don't worry about it. The CB index is just another one of those fun-filled election harbingers........like which presidential mask sells most at Halloween.


5 posted on 10/05/2004 4:18:28 AM PDT by Liz (The man who establishes the reputation of rising at dawn, can sleep til noon.)
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To: Miss Marple

The first thing Crudele does every morning when he wakes up is remove the pole from his a**..


6 posted on 10/05/2004 4:18:39 AM PDT by ken5050
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To: Puzzleman

we don't need no steenkin' conference board!


7 posted on 10/05/2004 4:20:14 AM PDT by bitt
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To: Miss Marple

It's not supposed to be taken as seriously as, say, which presidential mask sells most at Halloween (/sarc).


8 posted on 10/05/2004 4:20:29 AM PDT by Liz (The man who establishes the reputation of rising at dawn, can sleep til noon.)
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To: Liz

Last election my back yard was covered with leaves and George Bush won. I noticed my backyard is getting covered with leaves again. So, there you go.


9 posted on 10/05/2004 4:21:28 AM PDT by Casloy
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To: Casloy

Yeah, sure, but were there more red leaves than orange leaves?


10 posted on 10/05/2004 4:23:35 AM PDT by Liz (The man who establishes the reputation of rising at dawn, can sleep til noon.)
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To: Liz

Damn, I don't remember. Nevermind.


11 posted on 10/05/2004 4:25:28 AM PDT by Casloy
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To: Liz

Just to knitpick (and I love knitpicking crap like this), but, according to the numbers they gave, it looks like presidents over the past 30 years don't get reelected when the index is under 90, not just 100. There were no examples of it being above 90 with the incumbent losing.


12 posted on 10/05/2004 4:31:12 AM PDT by William Martel (Foreign stupidity makes America stronger.)
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To: Liz
In fact, the Board says the only time the pattern was broken was when George W. Bush beat Al Gore — who was the incumbent vice president — in 2000 even though the confidence index was a very lofty 141.9

According to this outfit, Gore should have been a slam dunk. This is a lot of bunk and an attempt to influence the election with phony numbers.

13 posted on 10/05/2004 4:31:56 AM PDT by chainsaw (Vote American - Vote for BUSH)
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To: ken5050
Crudele is the same moron who trumpeted the big Clinton indictments that never came during the Whitewater nonsense.

He blows.

14 posted on 10/05/2004 4:31:57 AM PDT by zarf (I hate THe freakin TH keys. I THink I THought....THey THuck!!)
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To: Casloy

Guess we'll have to relegate your "prez test" to the dustbin of history. LOL.


15 posted on 10/05/2004 4:32:46 AM PDT by Liz (The man who establishes the reputation of rising at dawn, can sleep til noon.)
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To: Liz

This guy writers some convoluted stuff, always has.
I'd ask this question: Of those who were voted out, how many had a 911 to deal with? My point is that we are making history. Who would ever think that the most anti military candidate a party could pick during a war, would be in range of winning at this late date?
History in this case has no effect on events.


16 posted on 10/05/2004 4:35:50 AM PDT by jmaroneps37 ( Kerry's not "one of us": catholicsagainstkerry.com. needs your help.)
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To: chainsaw

None of the pollsters take into account the massive voter fraud that occurs. Gore surely lost by many thousands of votes except that that the fraudulent votes were counted along with the rest.

Democrats big business is subsidizing vote-manufacturing outfits. The votes usually arrive at a precinct at the last minute in used pizza boxes............most of the time the needed votes exceed the number of registered voters in the precinct.

In Fla 2000 the Dems were prepared to count and count and count til they had the nos they needed. The USSC saw what was happening and said Stop The Count.


17 posted on 10/05/2004 4:40:02 AM PDT by Liz (The man who establishes the reputation of rising at dawn, can sleep til noon.)
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To: Liz

What's next?...Nostradamus predictions?


18 posted on 10/05/2004 5:31:16 AM PDT by albie
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