(no subject)
Feb. 25th, 2004 12:14 pmThe weather in the Sacramento area is lousy today! Lots of rain and high winds (20-40mph). It made the drive to work simply precious.
In the news:
http://www.salon.com/tech/feature/2004/02/25/jobs_economy/index.html
Why is this man smiling?
There are few new jobs -- and even fewer new good jobs. But the economy is growing, and if history holds, George W. Bush will be reelected easily.
…
In the mid-1970s, after poring over economic data, Fair developed a mathematical equation that factors in economic growth rates, inflation and an incumbent's general record on economic matters to arrive at an estimate of the popular vote on Election Day. His model rests on a simple truth -- the prevailing economic conditions of an election year provide an excellent guide to voters' behavior in November -- and it is stunningly accurate. Fair's equation predicts the popular vote to within 2 or 3 percentage points for almost every presidential election since 1920. He forecast the toss-up in 2000, the reelections of Bill Clinton and Ronald Reagan, George H.W. Bush's victory in 1988, and Jimmy Carter's loss in 1980. And based on the current health of the U.S. economy, Fair predicts an easy win for George W. Bush in November.
This article goes on to give some sage advice that the Democrats best not rest their entire platform on the unemployment rate.
In the news:
http://www.salon.com/tech/feature/2004/02/25/jobs_economy/index.html
Why is this man smiling?
There are few new jobs -- and even fewer new good jobs. But the economy is growing, and if history holds, George W. Bush will be reelected easily.
…
In the mid-1970s, after poring over economic data, Fair developed a mathematical equation that factors in economic growth rates, inflation and an incumbent's general record on economic matters to arrive at an estimate of the popular vote on Election Day. His model rests on a simple truth -- the prevailing economic conditions of an election year provide an excellent guide to voters' behavior in November -- and it is stunningly accurate. Fair's equation predicts the popular vote to within 2 or 3 percentage points for almost every presidential election since 1920. He forecast the toss-up in 2000, the reelections of Bill Clinton and Ronald Reagan, George H.W. Bush's victory in 1988, and Jimmy Carter's loss in 1980. And based on the current health of the U.S. economy, Fair predicts an easy win for George W. Bush in November.
This article goes on to give some sage advice that the Democrats best not rest their entire platform on the unemployment rate.