Unemployment is not as important as we think, when it comes to predicting the next President

Make no mistake: the higher the unemployment rate in November 2012, the less likely President Obama is to win a second term.

But we should be careful about asserting that there is any particular threshold at which Mr 다운로드. Obama would go from favorite to underdog, or any magic number at which his re-election would either become impossible or a fait accompli. Historically, the relationship between the unemployment rate and a president’s performance on Election Day is complicated and tenuous 다운로드.

…historically, the correlation between the unemployment rate and a president’s electoral performance has been essentially zero.

Unemployment increased by 1.9 percentage points over the course of Richard M 디스크 정리 다운로드. Nixon’s first term, but he won re-election easily. It also increased in George W. Bush’s and Dwight D. Eisenhower’s first terms, and their re-election bids were also successful pscp 파일. The unemployment rate fell to 3.9 percent from 5.3 percent, meanwhile, in Bill Clinton’s second term — but his vice president, Al Gore, could not beat Mr 다운로드. Bush in the Electoral College.

There are also cases in which the data behaved more intuitively: Jimmy Carter and the elder George Bush all faced high unemployment rates when they lost their re-election bids, as did Gerald R 다운로드. Ford in 1976, and that was surely a factor in their defeats.

 

Keep reading: On the Maddeningly Inexact Relationship Between Unemployment and Re-Election

 

Continue reading Unemployment is not as important as we think, when it comes to predicting the next President

U.S. imported less than 50% of the oil consumed in 2010 – first time in 13 years

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In 2010, we imported less than 50 percent of the oil our nation consumed—the first time that’s happened in 13 years—and the trend continued in 2011 다운로드.

via WhiteHouse.gov

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Bush's deficit spending 5 trillion, Obama's deficit spending 1.4 trillion…so far

Found this piece on Facebook’s Top Political Articles of 2011 stm8.

It’s from Ezra Klein in July, 2011, but still timely 테라리아 pc 다운로드. Both President Obama and President Bush have added to the deficit, but Bush is still the clear big spender.

 

 

Maybe we should give Obama some more time 포토샵 cc 무료 다운로드. You know politicians do like to spend money!

Bush’s deficit spending 5 trillion, Obama’s deficit spending 1.4 trillion…so far

Found this piece on Facebook’s Top Political Articles of 2011 슈가맨3 다운로드.

It’s from Ezra Klein in July, 2011, but still timely 다운로드. Both President Obama and President Bush have added to the deficit, but Bush is still the clear big spender.

 

 

Maybe we should give Obama some more time 다운로드. You know politicians do like to spend money!