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American Focus > Blog > Economy > Do we understand elections?
Economy

Do we understand elections?

Last updated: November 19, 2024 10:14 pm
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Do we understand elections?
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The recent election between Donald Trump and Kamala Harris has sparked numerous analyses in the media. There are various factors that have been cited as reasons for Trump’s victory, including voter frustration over high inflation, illegal immigration, and woke culture on college campuses. However, the more one delves into the intricacies of the election, the less confident they become in pinpointing a single explanation for the outcome.

In a close election like the one between Trump and Harris, where Trump secured a comfortable majority in the Electoral College, a mere 1% swing in the electorate towards Harris could have resulted in a different outcome. This highlights the delicate balance of factors that could have influenced the election results.

A thought experiment reveals that the popular vote margin shifted significantly from Trump trailing by 4.5% in 2020 to winning by 1.5% in 2024. This 3% swing towards the Republicans could have easily tilted the results in Harris’ favor if just 2% of the electorate had shifted towards Trump. This illustrates how multiple issues or promises could have played a decisive role in shaping the election outcome.

One significant factor that has been largely overlooked in the analyses is Trump’s tax cut promises. His pledges to extend tax cuts for corporations and the wealthy, remove taxes on tipped wages, increase the child tax credit, eliminate taxes on Social Security benefits, and bring back the SALT deduction could have swayed a considerable portion of the electorate. Despite the substantial cost of these promises, they were not widely discussed as reasons for Trump’s victory.

See also  PM Starmer Faces Growing Discontent Inside His Own Labour Party as British Establishment Tries To Cope With Reform UK’s Historic Victories in the Local Elections |

On the other hand, Harris and the Democrats also made expensive promises, such as forgiving student loans and exempting tips, but these were overshadowed by Trump’s tax cut proposals. The popularity of Trump’s tax program, especially among lower-income workers, may have contributed to his success in the election, despite the perception of Democrats as the party of the working class.

In a close race like the recent election, where every factor could potentially be decisive, it is essential to consider multiple explanations for the outcome. While some may argue that various promises from both candidates balanced out, the magnitude and impact of Trump’s tax cut pledges cannot be overlooked.

Ultimately, in complex historical events like elections, there are numerous interconnected factors at play, where a slight shift in any single factor could lead to a vastly different outcome. This underscores the importance of maintaining an open mind and considering all possible explanations in analyzing election results.

In conclusion, the recent election between Donald Trump and Kamala Harris was influenced by a multitude of factors, with Trump’s tax cut promises potentially playing a crucial role in his victory. By acknowledging the complexity of election outcomes and considering the impact of various issues, we can gain a deeper understanding of the dynamics at play in shaping electoral results.

TAGGED:ElectionsUnderstand
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