Woooo. Big PSU win last weekend. Sure, it was over Indiana State, but a win is a win. Big test coming up this week against Bama'. Let us not forget last year and the three red zone interceptions. I would like to live in legitimacy this year. Oh, please pick a QB before conference games begin.
I was out with the lady all weekend in D.C. So that will account for the lack of posts. Had a doozie last night, just wanted to address the weekend this morning.
Boss is out of town for the week, so its project time for the intern. Not getting paid never felt so good. Eh, not really.
Can't say I have any lack of material these days, what with the election and all. Big voter discontent with President Obama, but is anyone surprised? I'm certainly not, but not for the reasons most may think. Sure, I am against big government sponsored programs, deficit spending, the propping up of the economy, the free printing of money, etc. Still not hitting the nail on the head. No, what I want to touch on is a facet of politics many are familiar with, but may not be knowledgeable of. The Gallup Poll. AKA the presidential approval rating. If you weren't previously aware one question is asked of those polled "Do you approve or dissapprove of the job of the president?" I mean, how much possibility is there for bias here? hahaha
I did a study last year analysing the effect of the poll on election results, specifically pertaining to the success of the party of the president in office at the time, and what variables go into a successful/unsuccessful approval rating. Turns out that only a few factors show influence on approval rating, and that the approval rating is very much responsible for the election success of the president and his party. Two facts pertinent to this blog entry:
1) President Obama has been polled upwards of 600% more than any president previous. Average polling number - 45, polling number for Pres. Obama - 350.
2) Presidential approval ratings have been down across the board since the advent of the 24 hour news channel. Also the most widely used media source for publishing the approval ratings, analysis, etc.
A conclusion I came to earlier, and one I will infer to here. If our own lives were subject to a daily job approval rating, and that rating were subject to 24-hour media scrutiny, how would we rack up? When your job is subject to popular approval, and through that electoral college approval, how is it possible to take the appropriate risks necessary to find our way to success.
Following my man Bastiat, what is unseen? The best of the best are no longer running for the top office. (See my post from last night) We are getting less out of our country because we are getting less out of our leaders. Only those who want the spotlight are now running for office, and this is bad for everyone. I dig Ron Paul, but even he is a little out there when it comes to the strict adherence to the gold standard. Also he is running under the republican ticket, which makes him subject to all the nuances that are necessary to getting elected republican.
Oh well, at least I'll always have Paris...
Speaking of, J-B Say law of the day
Consumption not only provides no stimulus to wealth creation, but is actually contrary to it.
(Ahem, Mr. Bernanke. Cast your Keynesian aside!)
econisforwinners.blogspot.com
No comments:
Post a Comment