Engage in our Democracy
Jerry Marsh
Political Bites
A time honored political axiom states: “people vote their pocket book,” meaning that they reward the political party in power for good times and penalize it for bad times. Recent research reported by Neil Irwin of nyt.com suggests that the axiom may be flawed. “Instead [voters] have political preferences that stay in place regardless of how the country is doing. That implies that political parties won’t be rewarded for delivering good performance, or punished for bad performance.”
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