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View Diary: Daily Kos Elections Live Digest: 5/4 (323 comments)

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  •  Again: Household income (2+ / 0-)
    Recommended by:
    tietack, DCCyclone

    is apparently more important than the unemployment rate, so that doesn't "trump all."

    Formerly Pan on Swing State Project

    by MichaelNY on Sun May 06, 2012 at 01:08:45 PM PDT

    [ Parent ]

    •  Not consciously, no (0+ / 0-)

      We're talking about two different things.

      When I talk about the unemployment rate trumping all, I'm talking about what voters consciously take into account in forming their opinions about the state of the economy.

      When you talk about household income, that's about what people feel in their own lives.  It's not something that matters consciously, hardly any voters at all are even aware that the government measures such a thing called "household income."

      Over time those things will trend in the same direction and produce the same results.  But they don't have to trend together in a single month or single quarter, thus a reasonable debate about what matters more for short-term numbers.

      But in a discussion about what matters in economic data that voters knowingly consider, the unemployment rate is the crown jewel.

      44, male, Indian-American, married and proud father of a girl and 2 boys, Democrat, VA-10

      by DCCyclone on Sun May 06, 2012 at 06:58:02 PM PDT

      [ Parent ]

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