4.09.2010

Election 2010/2012 in graphs: housing prices, economy, GDP, jobs

Ezra Klein has an excellent piece about the 2010 election with graphs charting topics of concern.

Something I found interesting was a graph of housing prices dating back to 1988 and the end of the Reagan Administration. I took Ezra's graph and overlayed the various administrations for some context.

What is so incredibly striking to me is the trends in prices so closely follow the change in administrations. Prices tanked almost immediately after Bush 41 took office in January of 1989, rose and then plateaued towards the end of his 4 years. They kept a pretty steady, if not dramatic, upward climb under Clinton. The immediately trended downward under Bush 43, and then were impacted by 9/11 (you can see the bump), diving before becoming erratic, following the trends in Iraq.

Notice two things - the trend sharply downward following the 2004 election and the trend sharply upward almost immediately after Obama took office.

I'm not Nate Silver but my admittedly-basic analysis shows me that there is some correlation between prices and the practices of and perceptions of an administration.

The other graphs are telling as well, but focus almost solely on President Obama's performance.

JOB GROWTH SINCE JANUARY 2008




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