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When predicting 2010 elections one is also predicting the economy

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Kurt_and_Hunter Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-05-10 02:49 PM
Original message
When predicting 2010 elections one is also predicting the economy
Edited on Tue Jan-05-10 02:55 PM by Kurt_and_Hunter
If the third quarter of 2010 is flat or negative (back to recession) with unemployment rising then we are screwed even if the pugs run a national slate of flatulent gila monsters.

If, on the other hand, the economy is roaring along then we will do much better. (Probably would still lose a normal number of off-year-election seats but not a tragedy.)

All the political indicators are useful--- polling, fund-raising, who's retiring, etc.--but will end up largely deferring to the national economy.
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paulk Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-05-10 02:52 PM
Response to Original message
1. that is the bottom line
hopefully the administration will put it's focus on creating jobs, rather than bailing out Wall Street and the Health Insurance/Pharma industries.
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monmouth Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-05-10 03:27 PM
Response to Reply #1
2. A Jobs bill instead of immigration reform needs to be next on the agenda..n/t
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amandabeech Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-05-10 10:48 PM
Response to Reply #2
5. Yes.
But I'm not counting on it.
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Nicholas D Wolfwood Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-05-10 03:55 PM
Response to Original message
3. That is the bottom line.
And I think it'll be somewhere in between. Slowly shrinking unemployment, continuing improvement in other indicators. Which would net us a small to moderate, but not control-changing loss.
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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-05-10 08:35 PM
Response to Original message
4. Or the more likely scenario....
..... if jobs are up somewhat ..... you're smart enough to know the economy is not going to be "roaring along" for a few years to come. ;)
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