By 4% swing they mean a shift of 8 points. So Bush 54, Cuomo 46 becomes 50-50. A 4% swing for one side is an 8 point move in a two party system.
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I don't get the obsession with making Lloyd Bentsen Vice President either.
@MikeTheLeftie98 Here is my rough idea of what a Cuomo win would look like. He loses almost the entire South with the exception of Louisiana and Texas thanks to Bentsen's presence on the ticket.
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It's worth noting that Bush Sr was never able to win statewide office in Texas, and was actually defeated in a 1970 Senate race by Bentsen himself.
Even with Bentsen, Dukakis lost TX by 12.60 points and LA by 10.21--well beyond his national margin of 7.73 percent. https://en.wikipedia.org/wiki/United_States_presidential_election,_1988
I know, I know. Fundamentals mean nothing, and "a better campaign" can magically turn double-digit losses into victories. Political scientists may disagree, but what do they know?...
The only change I might make is that, if Cuomo is winning in Montana and performing well enough to take Texas and Louisiana, he might also take South Dakota which was won by Bush only rather narrowly IOTL. Very minor though, and I could see Bush still taking it by the skin of his teeth here.

Most of it, but given how mild the early '90's recession was, as long as Cuomo addresses the problem and makes it look like he gives a damn, I think he can win a second term, especially if Dole is the GOP nominee four years earlier than OTL. Bush had very little interest in domestic policy and was not a skilled politician, it was that that cost him in '92.Regardless of a new president and probably some new committee chairs in Congress come Jan. ‘89, how much of the 1991 recession is already in the works?
Regardless of a new president and probably some new committee chairs in Congress come Jan. ‘89, how much of the 1991 recession is already in the works?
One thing that's often forgotten is that except in 1986, Cuomo wasn't that great a vote-getter even in New York politics. In 1990 the ease with which he won re-election (against divided opposition) has tended to obscure the fact that he got only 53 percent of the vote. https://en.wikipedia.org/wiki/New_York_gubernatorial_election,_1990 Yet people here assume he would have done much better than Dukakis, something for which I find little evidence.
A 4% swing is not much given that partisan ellegiances were more fluid then and the polls had several swings during the campaign. In fact Dukakis could have gotten that, if he had been able to keep John Sasso as his campaign manager.
To me, economics is almost biologically complex and I mean that as a compliment of the field. As an example of biology and medicine, consider Lyme disease in which some people don't get sick, others get medium sick, and some get really sick, and very, very hard to predict in advance. (As an interesting aside about Lyme, most humans get infected from the smaller and harder-to-see nymphal stage of the ticks, in which the ticks can remain undetected and attached to the body for longer.)One big reason [for 1991 recession] was that the Fed raised interest rates, in part to help alleviate the deficit. . .
I very much disagree.Most of it, but given how mild the early '90's recession was, . . .
This book talks about multiple waves of downsizing, including during the rather weak recovery from the '91 recession.https://books.google.com/books?id=2...y AT&T's elimination of 40,000 jobs "&f=false
" . . . This wave [of downsizing] is epitomized by AT&T's elimination of 40,000 jobs — most in relatively high-paying white collar positions — that welcomed the New Year in 1996. . . "
It was mild compared to most post war recessions. Only 2001 and maybe 1969 were more mild.I very much disagree.
The '91 recession was the fall from grace, and when "downsizing" become a trendy corporate word, and the feeling was that it could very much affect your job, too.
It was mild compared to most post war recessions. Only 2001 and maybe 1969 were more mild.
It also started this dreadful corporate trend which was almost a breaking of the social contract. It’s like CEOs and top management decided, the hell with our employees, the hell with the future, we’re just going to focus on stock price for this quarter. And Wall Street, I think rather bizarrely, rewarded this kind of behavior.The early nineties recession is what spawned the term 'jobless recovery'. . .