Insomnia Log

This is what keeps me awake at night???

Who needs sleep? (well you’re never gonna get it)
Who needs sleep? (tell me what’s that for)
Who needs sleep? (be happy with what you’re getting,
There’s a guy who’s been awake since the second world war)

-- words and music by Steven Page & Ed Robertson

Name:
Location: Boulder, Colorado, United States

Everything you need to know about me can be found in my posts

Tuesday, November 16, 2010

Whose words?

Many are happy to interpret recent election results, but to me it's simple. People are out of work and taking it out on their elected officials.

According to my statistical analysis of past elections, the unemployment rate has been responsible for about a third of switched congressional seats. Further, when the unemployment rate is above about 7 percent, that contribution leaps to somewhere between half and two thirds.

When unemployment is high it is a huge factor in house seats being lost by the president's party. When unemployment is low, other factors come more into play.

Based on this theory, you could have predicted that Democrats would lose at least 40 seats in the House without looking at a single news story, poll result, party platform, or campaign ad.

But there's more to this story.

[more]

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