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The Profile of An Election, 2004: Outcomes and Fundamentals

  • William Nordhaus
Published/Copyright: January 22, 2005

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.

Published Online: 2005-1-22

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