Correlation or Causality?
I am becoming concerned that Obama's lead is decreasing, seemingly at
the same time the world stock indexes are registering increases over
several days.
It could be a simple case of random correlation of investor optimistic economic perception (in my opinion, currently unwarranted) and complex set of very different effects that define the dynamic of this campaign.
However, the clear Obama lead in the polls only emerged after his clearly superior performance in the face of the international economic meltdown. I felt that Obama's rise was significantly dependent on the public's preference for his calmness, intellect and better policy prescriptions in the face of this historic calamity.
It is possible that a week of rising equity indicators will convince the low information voters that the economic crisis has "blown over" and Obama's economic advantage is less important. The slip of several percentage points, combined with sophisticated and persistent Republican vote suppression efforts just may allow Palin/McCain to secure an unlikely victory.
Tell me why this isn't so. Please...
It could be a simple case of random correlation of investor optimistic economic perception (in my opinion, currently unwarranted) and complex set of very different effects that define the dynamic of this campaign.
However, the clear Obama lead in the polls only emerged after his clearly superior performance in the face of the international economic meltdown. I felt that Obama's rise was significantly dependent on the public's preference for his calmness, intellect and better policy prescriptions in the face of this historic calamity.
It is possible that a week of rising equity indicators will convince the low information voters that the economic crisis has "blown over" and Obama's economic advantage is less important. The slip of several percentage points, combined with sophisticated and persistent Republican vote suppression efforts just may allow Palin/McCain to secure an unlikely victory.
Tell me why this isn't so. Please...
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My suggestion is ignore the poll completely as Senator Obama suggests and volunteer a few hours, make some phone calls, do something to make sure we win.
October 30, 2008 1:50 AM | Reply | Permalink
We have been donating and I will likely be in NH on election day, doing the voter transportation.
October 30, 2008 2:07 AM | Reply | Permalink
Just a little side note. I canvassed in the Monadnock Region of NH yesterday. We knocked on 45 doors. A very spread out 45 doors I might add. And typical of mid week only about 2/3rds were home.
Out of the people we talked all Independent voters 22 were firmly for Obama, 2 were for McCain, 3 undecided and 2 none of our business who they were voting for :) Next about six of the homes where no one was home had Obama yard signs.
October 30, 2008 9:20 AM | Reply | Permalink
The interesting thing is the latest polls show voters actually trust McCain on the economy more than Obama now. Too much thinking out loud about redistribution of wealth. Obama's one proposal for dealing with the financial crisis? Endorsing the bailout. It's beginning to look like "undecided" means not voting for Obama.
October 30, 2008 10:19 AM | Reply | Permalink