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Economic Considerations and the 2008 Presidential Election

Published online by Cambridge University Press:  26 June 2009

Thomas M. Holbrook
Thomas M. Holbrook
Affiliation:
University of Wisconsin-Milwaukee
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Extract

The idea that economic conditions influence election outcomes and voting behavior is hardly novel and would appear to be close to uniformly accepted, especially in the case of American presidential elections. Beginning with the early aggregate studies (Arcelus and Meltzer 1975; Bloom and Price 1975; Kramer 1971; Tufte 1978) and the important individual-level work that followed soon thereafter (Kiewiet 1983; Kinder and Kiewiet 1979, 1981; Fiorina 1981), election scholars have devoted considerable attention to the influence of the economy on voting behavior and election outcomes. Although the findings are many and sometimes disparate, a few general conclusions have emerged: economic voting is incumbency oriented rather than policy oriented (Fiorina 1981; Kiewiet 1983); at the individual level, evaluations of the national economy are more closely tied to vote choice than are evaluations of personal finances (Kiewiet 1983; Kinder and Kiewiet 1979, 1981; Kinder, Adams, and Gronke 1989); and, with the exception of 2000, the incumbent party is habitually returned to office when economic times are good and tossed out when economic times are bad (Campbell and Garand 2000). In short, we know a lot about how the economy influences voters and elections, and it would seem that there are few issues left to resolve.

Type
Symposium
Information
PS: Political Science & Politics , Volume 42 , Issue 3 , July 2009 , pp. 473 - 478
Copyright
Copyright © The American Political Science Association 2009

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