Wealthiest to America: "looks like we were suckers!"
After the 2004 election, the Village Voice did an analysis of exit polls (which I canÃ¢â‚¬â„¢t find now) and drew a conclusion I never saw anywhere else: turnout was very high in 2004, but it was high among all groups proportionally. The GOPÃ¢â‚¬â„¢s core constituents came out in record numbers and so did the DemsÃ¢â‚¬â„¢ most reliable voting blocks.
The only group that turned out in relatively greater numbers than everyone else were those making over $100,000 dollars. They came out in droves, voted for their tax cuts, and George W. Bush won a second ruinous term.
Which is why this article in Businessweek caught my eye. Apparently, the administration is now losing what the storyÃ¢â‚¬â„¢s author terms Ã¢â‚¬Å“the investor classÃ¢â‚¬Â: