The Profile of An Election, 2004: Outcomes and Fundamentals
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William Nordhaus
In the wake of the 2004 election, Democrats are weighing their strategies and considering whether to refashion themselves after the victors. If the election is seen as a sweeping rejection of Democratic prospects and values, some have advised the Democrats to reshape their fundamental beliefs. A careful look at underlying economic and political fundamentals reveals a historically small swing toward the incumbent. Based on exit polls and historical data, the major conclusion I draw is that the election was surprisingly unfavorable to incumbent Republican President Bush. His was the smallest non-recession incumbent victory since World War I. Moreover, a look at different economic and demographic groups reveals some surprising swings.
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
Articles in the same Issue
- Feature
- Putin, the Oligarchs & the End of Political Liberalization
- The Profile of An Election, 2004: Outcomes and Fundamentals
- Cutting the Safety Net, One Strand at a Time
- When Economists Dream, They Dream of Clear Skies
- The Precautionary Principle as a Basis for Decision Making
- Letter
- Neither Borrower nor Lender Be: A Letter commenting on "The Unsustainability of U.S.Trade Deficits" by John Quiggin
- Quiggin Responds to "Neither Borrower nor Lender Be" by Thomas J. Grennes
- Microsoft's Market Realities: A Letter Commenting on "Going Soft on Microsoft? The EU's Antitrust Case and Remedy" by Ian Ayres and Barry Nalebuff
- Column
- Going Soft on Microsoft? The EU's Antitrust Case and Remedy
- Beyond Traditional Borders: A New Proposal for Federalism
- Privatizing Gay Rights with Non-discrimination Promises Instead of Policies
Articles in the same Issue
- Feature
- Putin, the Oligarchs & the End of Political Liberalization
- The Profile of An Election, 2004: Outcomes and Fundamentals
- Cutting the Safety Net, One Strand at a Time
- When Economists Dream, They Dream of Clear Skies
- The Precautionary Principle as a Basis for Decision Making
- Letter
- Neither Borrower nor Lender Be: A Letter commenting on "The Unsustainability of U.S.Trade Deficits" by John Quiggin
- Quiggin Responds to "Neither Borrower nor Lender Be" by Thomas J. Grennes
- Microsoft's Market Realities: A Letter Commenting on "Going Soft on Microsoft? The EU's Antitrust Case and Remedy" by Ian Ayres and Barry Nalebuff
- Column
- Going Soft on Microsoft? The EU's Antitrust Case and Remedy
- Beyond Traditional Borders: A New Proposal for Federalism
- Privatizing Gay Rights with Non-discrimination Promises Instead of Policies