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Old 05-11-2024, 09:29 PM   #14309
Flames Fan, Ph.D.
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Quote:
Originally Posted by KootenayFlamesFan View Post
I was always told the economy was such a big deal breaker in elections.

But to have such different track records in that regard and still have it be such a tight race, maybe even a Trump lead, I guess it really doesn't mean much of anything after all.
As someone currently in the finance world where the conservative viewpoint reigns supreme, I can tell you the economy was never relevant. It's the *assumption* of a better economy under a Republican president that drives the narrative. So the economy could be great under Biden, but the baseline assumption of conservatives *and the press* will be that the economy will get a bump with a Republican president's election.

Calculatedrisk website has shown how wrong this viewpoint is, but it's just one of those things that is propagated as conventional wisdom. It's not about the economy itself, but about the narrative surrounding the economy. Narratives don't need to be rooted in reality.
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