top of page

Romney's 47 Percent Gaffe Shows He Believes in the (Untrue) Self-Interested Voter Hypothesis

Writer: OurStudioOurStudio

Economist (and occasional Reason contributor) Bryan Caplan, author of The Myth of the Rational Voter, points out that Romney's 47 percent gaffe is rooted in a misunderstanding of something political science is pretty sure of: most people don't vote based on their own perceived self interest.

Many people believe that voters' positions are determined by their objective self-interest. I call this the SIVH—the Self-Interested Voter Hypothesis. A massive body of evidence shows that the SIVH is just plain wrong. Self-interest has no more than sporadic marginal effects on political views.

Successful politicians usually seem well-aware of the weakness of the SIVH. To win support, they appeal to the public interest and ideology, not self-interest. What's really strange about Romney's recently revealed gaffe, then, is that he

seems to take an extreme version of the SIVH for granted. "There are 47% of the people who will vote for the president no matter what." Why? "47% of Americans pay no income tax." The mechanism: "[T]here are 47% who are with [Obama], who are dependent upon government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you-name-it. That that's an entitlement. And the government should give it to them. And they will vote for this president no matter what." Wrong, wrong, wrong. The 47% won't vote for Obama "no matter what." Almost half of voters who earn less than the median income vote Republican in the typical election. A person doesn't support the nanny state because he wants government to take care of him; a person supports the nanny state because he wants government to take care of us. I say this even though I'm far more opposed to the nanny state than Romney has ever been.

 
 
 

Comments


NEWSLETTERS

Get Reason In Your Inbox.

Thanks for submitting!

Join the

LIBERTARIAN PARTY

We are funded entirely by Americans who want to help give liberty a voice. By joining the Libertarian Party as a dues-paying member, you are investing in this critical work.

Thanks for submitting!

ADDRESS

1444 Duke St.

Alexandria, VA 22314-3403

PHONE

(800) ELECT-US

(800) 353-2887

EMAIL

bottom of page