The outcome of an election depends on multiple factors and not just the state of the economy. In past elections, various elements such as change versus the status quo, the economy, and healthcare have all played significant roles in shaping the results. Therefore, projecting the future solely based on the current economy may not provide an accurate prediction for the election outcome.
We’ll be back on Friday with a new episode. In the meantime, we wanted to share one of our favorite recent episodes from our sister podcast, “Matter of Opinion.”
Why does the economy look so good to economists but feel so bad to voters?
The Nobel laureate economist Paul Krugman joins the hosts on “Matter of Opinion” to discuss why inflation, interest rates and wages aren’t in line with voters’ perception of the economy. Then, they debate with Paul how big of an influence the economy will be on the 2024 presidential election, and which of the two presumed candidates, Joe Biden and Donald Trump, it could benefit. Plus, Ross Douthat’s lessons on aging, through Michael Caine impressions.
Mentioned:
“Believing Is Seeing,” from Paul Krugman’s newsletter
“The Age of Diminished Expectations,” by Paul Krugman
“The Trip” scene: “This Is How Michael Caine Speaks”