One of the theories is representative of a banker while the other theory is a specification of a peasant. The peasant is dependent on the current economic happenings in basing the argument of what to expect in the future…
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Besides, the article provides that the most significant thing in an economy is the expectations by consumers of the business conditions in the future. Moreover, the current forecasts in the economy are dependent on the transition of expectations by the customer (MacKuen). The variances do not have any impact on the prevailing economy. The article, therefore, states the statement that an electorate’s decision on the best candidate in a presidency election is dependent on their current future expectations. If the expectations tend to be positive, rewarding of the presidency occurs. Correspondingly, if the expectations are negative, punishment of the presidency occurs.
According to the classical theory of democracy, a good election is dependent on the activeness of a voter. On the other hand, the article negates the point in that the average voter is incapable of meeting the traits as put forward by the theory. The article provides another avenue for arriving at a good election. The only trait to possess is a good election is to come of age is only to have the right interests that have the right justification. The fact will lead to correct voting (Redlawsk). The essay also explains that the estimation of the voter’s determination of making a correct choice is possible although in a reasonable manner. The article puts forward that with such kind of reasoning, the American society in two elections had a seventy-five percent correct vote for the available five candidates who were contesting for the presidency. As a consequence, the availability of a standard measure for correct voting can change the perspective of political science. According to the article, political science would result to the exploration of the factors that lead to the probability of a successful and correct voting.
The article bases its argument on the initial survey data of elections that later on were the national studies of elections. The main argument is that the decision of voting
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