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shaisachs commented on the blog post People Don’t Know Precise Information About Economy, Just Their Own Experiences
It’s certainly true that people understand their personal situation much better than any abstract indicators. But the problem this year is one of turnout more than it is of actual voter preference, and in that sense the results next Tuesday are going to reflect a really sad reality: people who are well off are more likely to vote. Unemployment and foreclosure inhibit voting. I don’t know the actual demographics on the ground, but I’d bet good money that the people hit hardest by unemployment and foreclosure are Democrats. So the more people unemployed and foreclosed, the fewer Democrats getting to the polls. It’s not rocket science: when you have to spend all your time hunting down jobs, voting is not a high priority.
