David Weigel | October 29, 2008
This is worth screenshotting: A routine test of
Pennsylvania's election web site, with fake vote results for the
four candidates on the ballot, has Bob Barr winning the
state.
I think Barr would take that. However, Barack Obama is
still running away with the Keystone State, and Michael Barone
tries to figure out why.
if SurveyUSA is to be trusted, the Philly suburbs are about to give Obama a significantly larger percentage than the 53 percent John Kerry won there in 2004.
Why? My hypothesis is that that is because places like the Philly suburbs are places where the recent decline in household wealth has been most conspicuous. Housing prices mean a lot more to you when your house started off at $400,000 and declined to $290,000 than they did when you started off (as may be typical of Scranton or a blue-collar town in metro Pittsburgh) at $140,000 and declined to $110,000. Newspaper coverage of our current economic distress focuses on the very poor (like a recent Washington Post story on North Carolina, which focused on an ex-convict in a cheap motel in Charlotte), but the people who are getting hurt most visibly in their lifelong project of accumulating wealth are the more affluent. They're the ones whose house values have most visibly and spectacularly declined, and whose 401(k) accounts and stock portfolios have tanked in the last few months as well. Folks in Scranton or in the cheap motel in Charlotte didn't expect to live comfortably ever after off their increased house values, 401(k)'s, and Merrill Lynch accounts; a $700 monthly check from Social Security is about what they have long expected and that's not in danger (yet). Folks in the Philly suburbs did expect to live comfortably off such assets.
I've shrugged off a lot of Barone's commentary this year but
this sounds right. The McCain campaign seems utterly convinced that
Joe Wurzelbacher cut to the heart of Obama's economic message and
by repeating Joe's charge that Obama is a "socialist," they can win
over swing voters. But the Reagan/Bush economic message that
actually won those people over was... tax cuts! Low cost of living!
Owning your own home!
I don't hear anything similarly reassuring in McCain's message to
suburban voters.
UPDATE: The New Republic's Jonathan Cohn panics:
McCain's argument is both more focused and more relevant than it has been for a while. This is bound to improve his poll numbers.
Just as he types this, the McCain campaign pivots to talk about... Palestinian professor and former PLO spokesman Rashid Khalidi.
UPDATE II: Ed Morrissey at the conservative Hot Air blog:
We talked quite a bit about polling at last night’s Talk the Vote event. All three hosts reminded people that Jimmy Carter led Ronald Reagan with eight days left in the race in 1980 outside the margin of error.
Eight days before the election, yes. The day before the first and only debate, which Reagan won, and which catapulted him into the lead.
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Michael Barone spends a lot of time wondering why a Obama is
winning in a Dem leaning state that has gone for a Dem in 5
straight elections? Really?
The irony here is that voters motivated by anger at the decline
in their wealth seem about to elect a president who has promised to
embark on wealth-destroying policies.
So Barone is saying that people are going to vote for Obama because
George Bush destroyed all their wealth but this is ironic because
Obama's going to destroy their wealth? (Whether you agree or not
that this is W's fault, I think it's fair to say that most
Americans believe this is mostly the fault of Bush and the cronies
he has appointed to various regulatory bodies)
Oh, and the Philadelphia Suburbs haven't been hit that hard by the
bubble, either.
Michael Barone please shut up.
So who's the calming, reassuring guy in that campaign ad?
It doesn't look like McCain.
Michael Barone spends a lot of time wondering why a Obama is
winning in a Dem leaning state that has gone for a Dem in 5
straight elections? Really?
The question is not why Obama is winning PA. The question is why
he's winning PA by ten points.
The McCain economic message is a mess.
"Take Joe the Plumber." Plumber? "He's a regular guy, like you."
Plumber? "He's in a position to buy a business that will allow him
to clear a quarter-mil in takehome pay per year, pre-tax." A
quarter mil?
I heard a McCain ad on NH radio just now. "Barack Obama will tax
your stock transactions!" What am I, Thurston Howell? "Bureaucrats
will decide what health care you get, and when you get it!" You
mean like my insurance company? That last bit, especially - it
might appeal to people with a gold-plated health care plan with no
deductables and a blowjob from an Asian nurse with every office
visit, but I read about HMO bureaucrats denying coverage - not just
delaying, denying - to people like me every day. What's next,
Obama's tax plan will keep me from buying that eigth house?
It's like Dwight Eisenhower - "Take the average American family
earning $100,000 a year."
Clueless. They don't know how to talk to people about economic
issues, because they're so far removed from ordinary people.
The question is not why Obama is winning PA. The question is
why he's winning PA by ten points.
Still not a very valid question. If Obama were losing, asking why
he would be losing would be a more valid question. I mean it's not
like McCain has been running such a great campaign that it makes
sense to ask why is Obama up more than a few points in state that
has voted for a Dem (and seems to be getting bluer and bluer every
year) in the last 5 elections.
A more interesting question is why is Obama leading in Ohio, or
Virginia? Why is he competitive in Montana?
"Buy and hold" equity investors are getting what's coming to them. Shoulda spent it on scratch off tickets suckers.
Did Reagan approve of that message? Without John McCain, I'd never know.
I heard a McCain ad on NH radio just now. "Barack Obama will
tax your stock transactions!" What am I, Thurston Howell?
"Bureaucrats will decide what health care you get, and when you get
it!" You mean like my insurance company? That last bit, especially
- it might appeal to people with a gold-plated health care plan
with no deductables and a blowjob from an Asian nurse with every
office visit, but I read about HMO bureaucrats denying coverage -
not just delaying, denying - to people like me every day. What's
next, Obama's tax plan will keep me from buying that eigth
house?
I have to agree with this analysis. McCain does seem woefully out
of touch. When the guy comes out and says that cutting capital
gains taxes is his way to stimulate the economy and help those in
need, I have to wonder what moron is advising him. How does this
resonate with the people who are afraid whether they are gonna lose
their home or if they are gonna get laid off? He has run a terrible
campaign.
Maybe if this was 1988 instead of 2008 his campaign would be a bit
more successful.
I know, let's get a room full of people from the Ohio River
valley and tell them "Barack Obama wants to spread the
wealth."
Look, they're all cheering! They love us!
Reagan wants to expand home ownership? The subprime crisis
is Reagan's fault!
"you mean he wants to sell homes to...[whispers] puh-puh-poor
people?!?"
joe,
They don't know how to talk to people about economic
issues...
Most people are fairly ignorant when it comes to economics.
Politicians who are "in touch" don't discuss economic issues; they
deal with very broad themes about how they are going to make the
lives of voters better. That's why pollsters take very broad
measures of a population's attitudes towards the economy; that's
about all they can accurately measure.
Most people are smart enough about their own economic situation
to know when somebody doesn't have a clue about it.
The "broad themes" John McCain is talking about are "People LOVE
their HMOs!" and "People HATE the idea of spreading the wealth!"
and "Taxing rich people more than everyone else is terrible!"
Oh, and "We'll do a lot more of that stuff Republicans are always
talking about."
When the guy comes out and says that cutting capital gains
taxes is his way to stimulate the economy and help those in
need,
Especially because most people are looking at the S&P and Dow
and wondering, "What capital gains is he talking about?"
Does every single Weigel post finish with exclamation-point sentences meant to mock someone else's position, or just the ones that make it to my feed reader?
joe,
Most people are smart enough about their own economic situation
to know when somebody doesn't have a clue about it.
Ask your average person why one should tax corporations and they'll
say that corporations should pay their "fair share." Little do most
realize that these taxes are merely passed on to the consumers of
the goods, etc. of that entity.
People HATE the idea of spreading the wealth!"
People like to spread the wealth of others.
"Taxing rich people more than everyone else is terrible!"
A lot of people (most?) people ascribe to that in tough economic
times or until they become rich themselves. Then again, soaking
rich people is about the dumbest thing one can do if effective, and
is never very effective anyway (rich people are often very good at
relieving themselves of tax burdens).
So yeah, the McCain campaign is tone deaf in a way.
Just as he types this, the McCain campaign pivots to talk
about... Palestinian professor and former PLO spokesman Rashid
Khalidi.
...who received a big grant from the International Republican
Institute for being a democratic reform, while the organization was
chaired by...
John McCain.
Many people, perhaps most, like the idea of redistributing wealth because most people have less than the average amount of wealth. That sounds counter-intuitive, but it's true, because a few super-wealthy individuals can raise the average far above the median. For example, in a room with one millionaire and nine flat-broke people, the average wealth is $100,000, even though the median level of wealth is $0. So a populist politician can score a lot of points by advocating a heavy tax on people worth more than $500,000 and distributing the money to those who have less than $500K. In the good old USA this is usually not proposed quite that overtly, but it's the premise behind Obamanomics.
"Buy and hold" equity investors... Don't make a whole
lot of transactions.
Because they're...
...you know...
buy and hold equity investors.
David F. Nolan,
Many people, perhaps most, like the idea of redistributing
wealth because most people have less than the average amount of
wealth.
That sort of thinking appears however to be based on the notion of
a fairly stagnant "economic pie," which is of course
wrongheaded.
Seward,
It may be wrongheaded but it is how the average "plumber" Joe views
the economic world. "There is a finite amount of wealthy and they
have lots more than I do".
Errr, that should of course have been "fininte amount of
wealth".
Preview and READING are my friends.
Errr, that should of course have been "fininte amount of
wealth".
R.C.'s Law: I liked the first one better.
The day before the first and only debate, which Reagan won,
and which catapulted him into the lead.
youtube link?
My prediction is that almost every state votes the same way it
did in 2004. One or two states will swing the balance of this
thing, and Pennsylvania will not be one of them. It probably comes
down to Ohio again. The poll numbers are tightening up as we speak,
and I think it would be premature for either side to start smoking
victory cigars.
Libertarians, of course, lose either way.
rich people are often very good at relieving themselves of
tax burdens
Study evolution and you will learn they are only rich because they
are good at not paying taxes.
The Problem is that taxing the rich selects financial success
arbitrarily for "those who are good at not paying taxes" rather
then how an untaxed market would which would select for "those who
sell things people want at the price they want to pay"
joshua corning,
I'd never considered it that way. I'll definately have to puzzle
over that notion a bit.
I see you all have not lost your fight :
GOOD! Because we have a lot to do. You! (the American people) are
going to have to take back control of your elected government at
every level, and set your government back on the right path of
service to you, and the greater good of the World.
Barack Obama and the democrats are your best hope of doing that
now. Tell your family, friends, and everyone you know to support
them as best they can. Because the Bush McCain vote fraud, vote
cheating, vote buying, vote manipulation machine is already hard at
work to cheat you again. And we all know what a disaster that has
been the past 8 years of Bush McCain.
Barack Obama and the democrats will need all the power you can give
them at every level of government (Federal, State, County, and
local City elected governments). Obama and the democrats will have
an enormous mess to fix for the American people, and the rest of
the World. A mess caused by the corrupt Bush McCain
administration.
You see, starting back in 2000, and before 911, it was mostly the
Republican governors, Republican legislatures, and county elected
Republican officials that conspired with the corrupt Bush McCain
administration to raise college, and university tuitions by the
fastest, and highest rate increases in American history. Some state
tuitions went up by as much as a WHOPPING! 30% in one year.
The reason the Bush McCain administration did this was to force
struggling working class kids into the military to pay for the
sudden jump in tuition. Which was forced on them by the corrupt
Bush McCain administration, and their corrupt Republican Governors,
and republican controlled state legislatures.
See, Bush McCain had plans to get us into all these immoral,
foolish, criminal, and unnecessary wars from the start. So they
could use these wars to seize power, and later to get reelected.
But, for their evil plan to work they needed more volunteer
soldiers struggling to pay for an education whose blood they could
spill to help them seize more power. Remember Bush McCain's
"MISSION ACCOMPLISHED!" theatrics.
The exploitation, and lost lives of these finest Americans is
despicable, disgusting, immoral, corrupt and criminal. And it makes
me SICK, and ANGRY!
You will have to vote for Obama, and the democrats in overwhelming
numbers to overcome the Bush McCain vote fraud machine. Vote early
if you can. Then help your fellow Americans cast their votes now,
and on through election day. Vote for Obama, and the democrats like
your life, and the lives of your loved ones depends on it. Because
it does. You will not survive 4 more years of "Let Them Eat Cake"
Bush McCain, and their republican allies.
Just look at the mess we have now.
You can fix this mess with your votes for Obama, and the democrats.
And REMEMBER, no matter which of us may stumble or fall, the rest
of you must continue to surge forward for Barack Obama, and the
democrats, and for your-selves most of all. The children, and the
World are counting on us.
It's in your hands now. And I know you will get it done.
God bless all of you.
JACK SMITH - WORKING CLASS... :-)
Crap, Jack, your tirade almost made me want to vote for McCain. Then I came back to my senses and decided I can't vote for either McCain or Obama. Looks like Barr will be getting my vote this year.
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