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Brad Jackson joins Ben Domenech for the Friday, November 6th edition of Coffee & Markets, a series of brief morning podcasts on politics and the marketplace, now appearing as well on WashingtonTimes.com.
Today’s podcast takes another break from market and economic coverage to focus on the ramifications of this week’s elections: who are some of the winners and losers who might not be obvious? What are some of the unexpected lessons? TNL’s Brad Jackson offers his take.
Items discussed include:
Michael Barone on Suburban Voters
TNLEconomically, the Obama majority was a top-and-bottom coalition. The Democratic ticket carried voters with incomes under $50,000 and over $200,000, and lost those in between. As the shrewd liberal analyst Thomas Edsall has noted, there’s a tension between what these groups want. High earners in non-Southern suburbs have been voting Democratic since the mid-1990s largely because of their liberal views on cultural issues; low earners vote Democratic because they want more government money shoveled their way.
Tuesday’s elections suggest those whose money gets shoveled are having second thoughts about this odd-couple coalition. In Virginia, Republican gubernatorial candidate Bob McDonnell carried affluent and immigrant-heavy Fairfax County, which Barack Obama carried by 21%. In New Jersey, Republican Christopher Christie cut Democrat Jon Corzine’s margin in demographically similar Bergen County from 16% in 2005 to 1%. A Republican was elected county executive in Westchester County, New York, and the Republican candidate for state Supreme Court in Pennsylvania carried the four-county suburban Philadelphia area—turf that voted 57% for Barack Obama in 2008.
