WHY TRUST TRUMP? - the peoples' interest before interest rates.
Dr Colin Benjamin OAM FAICD FISDS MAASW
Director General Life. Be in it.
Research for years has shown growing feeling of distrust in the media expression of the vox populi and their tendency to represent the Trump voters as "deplorables and garbage", not as families under extreme stress from the central banks placing interest rates ahead of peoples' interests.
After Biden beat Trump last time, the U.S. Surgeon General, Vivek Murthy, issued an advisory on the mental health of the nation’s parents. "Too many families are beset by economic factors beyond their control, including the costs of health care, child care, elder care, housing, and groceries. Financial concerns were a major and increasing source of household tension."
Murthy cited alarming results from a survey by the American Psychological Association, conducted in 2023, in which forty-one per cent of parents said that “most days they are so stressed they cannot function,” forty-eight per cent said that “most days their stress is completely overwhelming,” and fifty per cent said that “when they are stressed, they can’t bring themselves to do anything.”
FAILING TO LISTEN
The accuracy of political polling has come under intense scrutiny in recent years. From the "Miracle Election" in Australia to Brexit polling controversies in the UK and missed forecasts in the USA’s 2016 and 2020 elections, it’s clear that predicting voter behavior is as much art as science. The electoral systems, voter dynamics, and polling practices in each of these democracies present unique challenges.
By examining these three democracies, we gain insights not only into the art of polling but also into the broader dynamics of electoral behavior. As technology evolves and polling methods improve, one thing remains clear: understanding the complexities of each system is key to building public confidence in the democratic process.
These failures highlight the challenges
The behavior of the working-class electorate differs in meaningful ways across these countries, reflecting economic, cultural, and regional divides.
2. Polling Focus: National vs. Regional Dynamics
The focus of polling varies across the three nations, reflecting their unique electoral landscapes.
3. Turnout Predictability: The Backbone of Forecasting
Turnout is a critical variable in polling accuracy, and its predictability varies significantly between these nations.
4. Diversity: A Double-Edged Sword for Polling
The diversity of the electorate influences how effectively polling can capture voter intentions.
Navigating the Future of Polling
As elections become increasingly contentious and polarised, the need for accurate and transparent polling has never been greater. Each country offers valuable lessons for pollsters. Australia demonstrates the importance of understanding preference flows and engaging disengaged voters. The UK highlights the value of adapting to regional shifts and recovering trust after major events like Brexit. The U.S., with its unparalleled diversity and volatility, underscores the importance of methodological innovation and constant vigilance against bias.