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southernleftylady Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-18-04 09:08 PM
Original message
Economists give Bush slight edge
Economists have a mixed record predicting business cycles. But some hope they've nailed political forecasting.


From consumer confidence numbers to jobs data to innovative futures markets, economists are using a variety of tools to try to divine the winner of the November presidential election.

But, like the economic outlook, the political projections are mixed.

Iowa political futures markets have President Bush (news - web sites) and Democratic nominee Sen. John Kerry (news - web sites) in a tight race, with a scant edge for Bush. Consumer confidence data indicate the GOP could hold the White House, though September numbers will be key.
http://news.yahoo.com/news?tmpl=story&u=/usatoday/20040818/bs_usatoday/economistsgivebushslightedge
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noahmijo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-18-04 09:14 PM
Response to Original message
1. Most economists don't support Kerry's brand of Keynesian economics
Rather favor more classical or Capitalist like economics anyway. In other words ideas like minium wage and unions are typically frowned upon by your mainstream economist.

So between Bush and Kerry which of these two is more likely to favor such type of economics which include minimum wage hikes, legalization of unions.

I wrote an essay about Kerry's economic platform last semester which I'll post again if anyone wants to see it.

My conservative professor actually gave me an A on it! :)
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Cha Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-18-04 09:17 PM
Response to Reply #1
2. Good for you with your "A"!
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MissouriTeacher Donating Member (476 posts) Send PM | Profile | Ignore Wed Aug-18-04 09:24 PM
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3. Anytime pro-Bush numbers come out...
you can guarantee it'll be on Yahoo's front page.

They did the same thing with the Gallup poll. Yet strangely enough, I never saw the headline about the recent Zogby poll on their site.

Who's responsible for putting those headlines up anyway?
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Democat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-18-04 09:50 PM
Response to Reply #3
6. Yahoo is extremely biased toward the right wing in their news headlines
They often seem to rewrite AP headlines to spin them even more for Bush.

Yahoo has had this problem for years. They are very pro-Bush.
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Bob3 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-18-04 09:47 PM
Response to Original message
4. Are these the same Economists who are surprised month after month
by bad economic news?
Why do people listen to these clowns?
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Yo_Mama_Been_Loggin Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-18-04 09:48 PM
Response to Original message
5. Economists have been predicting a recovery since 2002
They must figure if they stick to it long enough they'll be right.
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BillZBubb Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-18-04 09:51 PM
Response to Original message
7. If you lined up all the economists end to end...
they still couldn't reach a conclusion.
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Maddy McCall Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-18-04 10:01 PM
Response to Original message
8. So investors favor Kerry, and economists favor Bush.
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Zomby Woof Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-18-04 10:03 PM
Response to Reply #8
10. Jillllllllllllllllllllllllllll
:bounce:
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Warren DeMontague Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-18-04 10:03 PM
Response to Original message
9. 5 out of 6 crackheads surveyed support George Bush...
he's got an edge!

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stevebreeze Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-18-04 10:21 PM
Response to Original message
11. I would like to point out that many economists work for banks and corps
Of course they tell their story from a "free market" capitalist bent. If they believed otherwise they would not likely be hired by aforementioned banks and corporations in the first place.
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