Tuesday , December 18 2018

Opinions change

Summary:
Source:David Brady and Mo FiorinaMy Hoover colleagues David Brady and Mo Fiorina gave a recent talk updating some of their work on polling American political opinions. I found this one particularly interesting. Notice how after President Obama's first win in 2008, the fraction of Democrats reporting that the economy is getting better jumped from 10% ...

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Opinions change
Source:David Brady and Mo Fiorina
My Hoover colleagues David Brady and Mo Fiorina gave a recent talk updating some of their work on polling American political opinions. I found this one particularly interesting. Notice how after President Obama's first win in 2008, the fraction of Democrats reporting that the economy is getting better jumped from 10% to 50%. The Republican fraction declined, though not as much. When Trump was elected in 2016, the Republican opinion jumped from 15% to 80%, and Democrats fell from 60% to 25%.


John H. Cochrane
In real life I'm a Senior Fellow of the Hoover Institution at Stanford. I was formerly a professor at the University of Chicago Booth School of Business. I'm also an adjunct scholar of the Cato Institute. I'm not really grumpy by the way!

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