Saturday, November 10, 2012

Election Post-Mortem

Arthur Kroeber, GaveKal Research

"It is now virtually impossible for a Republican presidential candidate to win anywhere in the Northeast, the upper Midwest, or the West coast...[E]verywhere the knowledge economy is growing, Republican credibility is shrinking. This is astonishing given that in knowledge economy hubs like Silicon Valley, entrepreneurship is prized and libertarian values hold sway. As we have written time and again, the US economy is becoming ever more knowledge based. If the Republican Party is to stay relevant, and have a shot at electing a president in four years, it will need to give up its affection for faith-based resentment and engage with the changing economic and social reality of America."

No comments: