BuckeyeInTheBoro
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How is voting one's pocketbook considered misguided voting?
I'll take a stab at that since so many people seem interested. Keep in mind I was not the originator of this quote nor do I pretend to know what he meant by it, but here's why I agree with it:
One can "vote one's pocketbook" by buying goods and services from the companies whose policies they support. In this sense it is a good thing, but we are discussing presidential politics here. Voting one's pocketbook in this context must be something like, "Which presidential candidate would benefit me personally the most monetarily if elected?" That is an attitude I would label as both selfish and shortsighted.
Even if you choose to think of everything in terms of money (sorry economists, but there are still some of us who think this is wrong) you should surely agree that most people tend to make money decisions based on short-term thinking. Hence, people think a tax cut today is automatically a good thing even if their kids have to pay 70% tax to make up for it. You can disagree with this all you want, but the consumer debt statistics in this country are on my side. Short-term thinking is no way to elect the leader of the free world.
As for the selfish bit, I feel it's obvious. If you think of no-one but yourself when making a decision you are being (by definition) selfish. Some people are cool with that and more power to them, but I'm not.
To me, there are many things more important than money. There are even more things of greater importance than MY money. "The love of money is the root of all kinds of evil." has never been more true than in this context.
Well, that ought to get some debate going!

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