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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (401684)7/25/2008 12:08:40 PM
From: Road Walker  Read Replies (1) | Respond to of 1575523
 
Listen we mostly agree (!!!) on the end game of this issue. The only difference is government subsidy. Whenever there has been a major infrastructure change in this country the government has been involved. And frankly the free market will not work in this case... as demand for oil falls so will the price. This is really a national security (economic and defense) issue and you just can't address that 100% in the private sector. Just as the private sector can't raise a military force.



To: i-node who wrote (401684)7/25/2008 12:20:45 PM
From: tejek  Read Replies (2) | Respond to of 1575523
 
Economic Model Predicts an Obama Landslide

July 23, 2008 01:00 PM ET | James Pethokoukis |

This from Macroeconomic Advisers, the well-known economic consulting firm, using the forecasting model of Yale University political scientist Ray Fair:

The Macroeconomic Advisers, LLC (MA) Presidential election model predicts that Democratic presidential candidate Senator Barack Obama will win 54.8 percent of the two-party popular vote and Republican presidential candidate Senator John McCain will receive 45.2 percent in the November election, given economic conditions expected through the fall.... The Presidential election model relies upon four political factors—candidate of the incumbent party, approval rating of the incumbent candidate (if running), party, and incumbent party's term in office—and three economic factors—real income growth, the unemployment rate, and the change in energy prices. Together, these seven factors predict the share of the two-party popular vote garnered by the incumbent party. This model has correctly predicted the winning party 12 out of 14 times in our sample, and predicted the popular vote better than the original model developed by Ray Fair.... According to this model, an expected 47% increase in the price of oil (WTI) in the three quarters leading up to the election would reduce Senator McCain's vote tally by 2.9 percentage points, while weak real disposable personal income growth over the same period would reduce it by 3.3 percentage points.

usnews.com