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Author: UpNorthJoe 🐝  😊 😞
Number: of 48490 
Subject: Polling ( Ritholtz article )
Date: 05/20/2024 7:40 PM
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https://ritholtz.com/2024/05/actions-not-words/

"As if polling isn’t bad enough, there is a specific cohort that has been gaming pollsters for years. A recent poll showed that 17% of respondents believe Joe Biden was responsible for overturning Roe v. Wade(!). I have to call bullshit on this. I don’t care how dumb you think the public is, but you simply cannot believe nearly 1 in 5 are that utterly clueless. These are partisans trolling pollsters for shits & giggles, full stop."

"A couple of years ago, I asked if it made any sense that that current sentiment readings are worse than:

1980-82 Double Dip Recession
1987 Crash
1990 Recession
9/11 Terrorist Attacks
2000-2003 Dotcom implosion
2007-09 Great Financial Crisis
2020 Pandemic Panic
Sorry, but this is also more nonsensical bullshit."

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Lots of good stuff in the link, imo.
I agree with Barry, I haven't paid attention to polling at all.
In the leadup to November, I won't pay any attention to polls, and will be 100% certain to vote.
Most everybody I talk to, in my social sphere, is 100% certainly going to vote, so don't feel a need for any reminders.
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Author: weatherman   😊 😞
Number: of 48490 
Subject: Re: Polling ( Ritholtz article )
Date: 05/21/2024 9:45 AM
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there has been very little introspection by pollsters themselves since the trump win.
so given this, some propose a simpler approach :

- given the growth of 'independents' (some estimate <30% are actually unbiased), and ongoing futility of independent polls, simply go on how independents have voted since 2016.
- since registered dems outnumber registered GOP, trump would need nearly all of the GOP to turn out to vote for him, but the never-trump faction is ~25%

as before, the janky electoral college is a wildcard, as it can allow a winner with a record-setting unpopular margin.
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Author: weatherman   😊 😞
Number: of 48490 
Subject: Re: Polling ( Ritholtz article )
Date: 05/28/2024 4:09 PM
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so it's established most polls are bad, and those quasi-political are likely ridiculous.
easing back from polling for election prediction, the results from harris-guardian are broadly disturbing :

* 55% believe the economy is shrinking, and 56% think the US is experiencing a recession, though the broadest measure of the economy, gross domestic product (GDP), has been growing.

* 49% believe the S&P 500 stock market index is down for the year, though the index went up about 24% in 2023 and is up more than 12% this year.

* 49% believe that unemployment is at a 50-year high, though the unemployment rate has been under 4%, a near 50-year low.


the weird part here is not that conservatives wrongly believe trump actually did better, but that progressives polled only ~10-20% rates of lower ignorance.
if this does have an impact on voting outcomes, it would probably represent history's biggest gap in prosperity for a losing incumbent.

on the other hand, voters can retrospectively claim they were more concerned about social\geopolitical issues where likely even more ignorant.
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Author: ges 🐝  😊 😞
Number: of 48490 
Subject: Re: Polling ( Ritholtz article )
Date: 05/28/2024 5:03 PM
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Wow!

Our fractured media is at least partly responsible for such ignorance.

* 55% believe the economy is shrinking, and 56% think the US is experiencing a recession, though the broadest measure of the economy, gross domestic product (GDP), has been growing.

* 49% believe the S&P 500 stock market index is down for the year, though the index went up about 24% in 2023 and is up more than 12% this year.

* 49% believe that unemployment is at a 50-year high, though the unemployment rate has been under 4%, a near 50-year low.
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