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The difference between the average American and financial experts

Slew Foot

Lifer
Pulled from Yahoo Finance.

The Average American:
"The latest Wall Street Journal/NBC poll, released Thursday, shows voters prefer that Democrats rather than Republicans control Congress by a 52% to 37% margin"

The Yahoo Finance Poll (which I assume is read by the more financial savvy):
Poll results

The numbers are reversed! Hopefully McCowen wont come in here and turn this into a political flame war.


 
Originally posted by: Slew Foot
The numbers are reversed! Hopefully McCowen wont come in here and turn this into a political flame war.

Why did you even post it? 😕 At very least post it in P&N.
 
Originally posted by: nakedfrog
Well, who's more likely to give them tax cuts?

Someone should tell them about the Ricardian Equivalence Theorem.

Budget deficits are functionally identical to tax hikes in the long term.
 
Originally posted by: acemcmac
Originally posted by: nakedfrog
Well, who's more likely to give them tax cuts?

Someone should tell them about the Ricardian Equivalence Theorem.

Budget deficits are functionally identical to tax hikes in the long term.

I thought that was the common sense theorem.
 
Originally posted by: Turin39789
Originally posted by: acemcmac
Originally posted by: nakedfrog
Well, who's more likely to give them tax cuts?

Someone should tell them about the Ricardian Equivalence Theorem.

Budget deficits are functionally identical to tax hikes in the long term.

I thought that was the common sense theorem.

It's spelled out more explicitly and proven in the Ricardian Equivalence Theorem using rational expectations.

<<< Formal economics education FTW
 
:music: Hey man nice troll. Nice troll man. :music:

Financial experts probably do prefer having old-style fiscal conservative Republicans in power, but that isn't the tiny car full of clowns that's running both both houses at the moment.
 
Originally posted by: Slew Foot
Pulled from Yahoo Finance.

The Average American:
"The latest Wall Street Journal/NBC poll, released Thursday, shows voters prefer that Democrats rather than Republicans control Congress by a 52% to 37% margin"

The Yahoo Finance Poll (which I assume is read by the more financial savvy):
Poll results

The numbers are reversed!

Hopefully McCowen wont come in here and turn this into a political flame war.

No worries mate, I don't believe any polls after 2004.
 
Originally posted by: DaveSimmons
:music: Hey man nice troll. Nice troll man. :music:

Financial experts probably do prefer having old-style fiscal conservative Republicans in power, but that isn't the tiny car full of clowns that's running both both houses at the moment.

Exactly
 
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