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“Popular Delusions and the Madness of Crowds”

2016-07-15

Here is a quote from Public Policy Polling, a national polling organization:

President Obama’s approval rating stands at 49/48, the first time we’ve had him with a positive approval spread in a considerable amount of time. There continues to be a lot of misinformation about what has happened during Obama’s time in office. 43% of voters think the unemployment rate has increased while Obama has been President, to only 49% who correctly recognize that it has decreased. And 32% of voters think the stock market has gone down during the Obama administration, to only 52% who correctly recognize that it has gone up. In both cases Democrats and independents are correct in their understanding of how things have changed since Obama became President, but Republicans claim by a 64/27 spread that unemployment has increased and by a 57/27 spread that the stock market has gone down.

“It’s a fact that unemployment has gone down and the stock market has gone up during the Obama administration,” said Dean Debnam, President of Public Policy Polling. “But GOP voters treat these things more as issues of opinion than issues of fact.”

It is truly bizarre that Republican-leaning voters believe the stock market has gone down and unemployment has increased.  Isn’t there any reality to be had in these minds?

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