Conventional wisdom on "voting benefits" wrong in US.

The interplay of politics and the media with music and culture
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OLD1953
Posts: 946
Joined: Tue Aug 11, 2009 11:16 pm

Conventional wisdom on "voting benefits" wrong in US.

Post by OLD1953 »

This paper:

http://papers.ssrn.com/sol3/papers.cfm? ... id=1451268

Which can be downloaded and read as a pdf, discusses the actual evidence available for American voting patterns in the presence of large federal handouts to the middle class. Contrary to popular belief, Dr. Lacy shows that a reliable indicator of voting for candidates that promise to reduce spending is the amount of spending going to middle class support in that state, the higher the spending the more likely the candidate that promises to reduce spending will prosper.

It is my opinion that further research would show the opposite pattern in Europe, but this pattern for the USA does fit well with personal experience over my life. IOW, I believe him to be correct.

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