2 economic items

[davidfcooper]

1) The Varying Impact of Gasoline Prices Poverty hurts, but if you live in a rural area with non-existent public transportation it hurts even more.

2)How Obama and McCaine will affect investors Contrary to conventional wisdom the stock market performs better under Democratic administrations.

Comments

well with that latter article that is not necessarily the case...

[doc-neuro.livejournal.com]

see the problem with a lot of these "veteran political analysts" is that they tend to adhere to what I call "political science old wives tails". They will make certain claims and present them as scientific fact when they are really more superstition. they fall prey to the logical fallacy of post hoc ergo propter hoc, or in more scientific terms the conflation of causation and correlation. under kennedy, johnson, and clinton the caveat was true about democratic administrations (although its worth noting that their economic policies were not necessarily ones that are associated with the DNC platform, but rather tended to be more nuanced, moderate and pragmatic). Bush I also presided over some fairly unfortunate timing rather than the recession that took place during his presidency being a result of his policies.

And then we have bush II, who is just such a chronic screwup with everything having to do with money (thats not even getting into anything else) that even most republicans have disowned him by now.

So for the short run I think the safe assertion is that its too early to tell really (which even the article acknowledges) and that it will also depend on what circumstances and situations arise during either ones presidency and how well either will handle them. which is really anybody's guess.