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Economics and how Obama could have lost the 2016 election too

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  • Cheng K. WU

    (Growonders Corp., USA)

Abstract

During the 2016 U.S. election, many voters from democratic (‘blue wall’)states, which have voted consistently in the past elections for the democrats, suddenly moved back into the Republican fold. During this election, the primary economic issue was supposed to be NAFTA, both Bernie Sanders and Donald Trump claimed it has been responsible for U.S. manufacturing job losses. So, what is the effect of trade on personal income and in particular manufacturing income and employment? Still, manufacturing losses are unlikely to explain democratic losses in rural areas, such as Wisconsin, where farm voters switched parties. What is the relationship between farm income and election result? Finally, are farmers Republican, Democrat or Independent? Or just pragmatic?

Suggested Citation

  • Cheng K. WU, 2017. "Economics and how Obama could have lost the 2016 election too," Journal of Social and Administrative Sciences, KSP Journals, vol. 4(3), pages 283-288, September.
    • Handle: RePEc:ksp:journ4:v:4:y:2017:i:3:p:283-288
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    References listed on IDEAS

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    5. Flavin, Marjorie A, 1981. "The Adjustment of Consumption to Changing Expectations about Future Income," Journal of Political Economy, University of Chicago Press, vol. 89(5), pages 974-1009, October.
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    Cited by:

    1. Wu, Cheng, 2017. "Does Clower’s Dual-Decision Hypothesis lead to the change in saving conclusion in Keynes’s General Theory?," MPRA Paper 82120, University Library of Munich, Germany.
    2. Wu, Cheng, 2018. "Clower’s Dual-Decision Hypothesis is economics," MPRA Paper 84013, University Library of Munich, Germany.
    3. Cheng K. WU, 2017. "Does Clower’s Dual-Decision Hypothesis lead to the change in saving conclusion in Keynes’s General Theory?," Journal of Economics Library, KSP Journals, vol. 4(4), pages 552-560, December.
    4. Cheng K. WU, 2018. "Clower’s Dual-Decision Hypothesis is economics," Turkish Economic Review, KSP Journals, vol. 5(1), pages 83-88, March.

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    More about this item

    Keywords

    Consumption; Martingale; Savings; Growth; Income; Election; Trade.;
    All these keywords.

    JEL classification:

    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • B00 - Schools of Economic Thought and Methodology - - General - - - History of Economic Thought, Methodology, and Heterodox Approaches

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