I thought it would be a good idea on this election day to talk about the idiots in the voting booth.
FiveThirtyEight projects that the Republicans will take the House back.
The received wisdom is that the economy is a major factor in the vote.
And according to The Atlantic, a Bloomberg poll shows that Americans have no idea what is going on:
According to a new Bloomberg poll, six in ten Americans think most of the money spent to rescue banks will be lost forever. Six in ten think the economy shrunk over the past year. One in two think federal income taxes have gone up in the past two years.
Wrong. Wrong. And wrong.
In fact, most of the $245 billion TARP money spent on banks will be recovered, and the program expects to turn a small profit, according to the latest report (Treasury Sec. Tim Geithner: "The direct budget cost of the program and our full investment in the insurer AIG is likely to come in well under $50 billion.") The economy has been growing, steadily if slowly, since the summer of 2009. The Obama administration has cut taxes by more than $240 billion in the last two years, including rebate checks worth up to $800 for almost all families.And these people, many of whom probably believe that President Obama is a socialist Muslim from Kenya, are handing the House to the Republicans today, because we all know what a fine job they did the last time they controlled it.
Good job, morons!