Thursday, December 20, 2012

Where We Were on Election Day 2008 | Essentials

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Where We Were on Election Day 2008

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Excerpt:

The last presidential election could appear as if it was just the other day to many Americans, but it is a world away economically from the 2012 Presidential Election. In 2008 the economy was in a tailspin. Today, a lot of economists say it is making a sluggish recovery-- too slow, the Obama and Romney campaigns agree. The unemployment rate in October 2008 was 6. 8 percent, with about 10 million jobless people. Today, the U.S. unemployment rate is 7. 9 percent. While the labor market has improved better than expectations lately, 12. 3 million people continue to be jobless. "At the time of that election, if you were knowledgeable about the economy, you didn't know what the bottom was going to look like," stated Gary Burtless, a financial expert with the Brookings Institution. On the day of the last presidential election, Nov.

People:

Barack Obama

Overall Sentiment: -0.94429

Relevance: 0.743128

Disambiguation: Politician | President | Appointer | AwardWinner | Celebrity | PoliticalAppointer | U.S.Congressperson | USPresident | TVActorReferences:

Bronars

Overall Sentiment: -0.118586

Relevance: 0.530787

SentimentQuote
-0.155937"People whose primary asset was their house have lost wealth, especially if they live in areas where there was the biggest housing bubble prior to the recession," said Bronars.
0.0190598"Inflation is still not a top concern in 2012, but because we have added $6 trillion in debt over the past four years, we are vulnerable if inflation and interest rates increase," Bronars said. ...
-0.440826"Today we are in the midst of a slow recovery," he said. ...
-0.153012"Today we are in the midst of a slow recovery," he said. "The static numbers look worse, in many dimensions, than they did four years ago. The biggest difference between 2012 and 2008 is the direction of the economy. The debate about today's economy is: Why aren't we recovering faster?"
Sentiment Stats:
  • Number of Quotes: 4
  • Aggregate Sentiment: -0.7307152
  • Mean: -0.1826788
  • Standard Deviation: 0

Gary Burtless

Overall Sentiment: 0

Relevance: 0.367751

SentimentQuote
0.165936"At the time of that election, if you were knowledgeable about the economy, you didn't know what the bottom was going to look like," said Gary Burtless, ...
Sentiment Stats:
  • Number of Quotes: 1
  • Aggregate Sentiment: 0.165936
  • Mean: 0.165936
  • Standard Deviation: 1.4142135623731

Paul Volcker

Overall Sentiment: 0.0839678

Relevance: 0.353996

Victoria Villalba

Overall Sentiment: 0

Relevance: 0.297644

Key:

  • Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
  • The Mean is meant to be an indicator of an individual's average comment sentiment.
  • The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).

Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.

Additional Info:

FieldTerminology: Americans

Overall Sentiment: 0.0620826

Relevance: 0.667945

FieldTerminology: Inflation

Overall Sentiment: 0.0372992

Relevance: 0.459769

FieldTerminology: GDP

Overall Sentiment: -0.298064

Relevance: 0.368028

Organization: NBER

Overall Sentiment: 0

Relevance: 0.396082

Organization: Brookings Institution

Overall Sentiment: 0

Relevance: 0.386942

Organization: Energy Department

Overall Sentiment: 0.0737181

Relevance: 0.348864

Organization: National Bureau of Economics Research

Overall Sentiment: 0

Relevance: 0.341415

Company: RealtyTrac

Overall Sentiment: 0

Relevance: 0.355747

Company: Google+

Overall Sentiment: 0

Relevance: 0.325261

Country: U.S.

Overall Sentiment: 0

Relevance: 0.479246

Disambiguation: Location | Region | AdministrativeDivision | GovernmentalJurisdiction | FilmEditorReferences:

City: Las Vegas

Overall Sentiment: 0

Relevance: 0.355402

Facility: Palm Beach Community College

Overall Sentiment: 0.243518

Relevance: 0.338504

Region: Middle East

Overall Sentiment: -0.567321

Relevance: 0.329676

Region: South Florida

Overall Sentiment: 0

Relevance: 0.311096

StateOrCounty: California

Overall Sentiment: 0

Relevance: 0.32132

Disambiguation: Location | PoliticalDistrict | AdministrativeDivision | Appellation | GovernmentalJurisdiction | USState | WineRegionReferences:

StateOrCounty: Florida

Overall Sentiment: 0.264734

Relevance: 0.313766

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