New York City is Obama country
Bloomberg News, today, makes a point of telling us that New York City voters overwhelmingly supported Obama.
Obama beat Republican challenger Mitt Romney by 81 percent to 18 percent in the nation’s largest city… Obama’s share of the vote is the best showing by a presidential nominee in New York since its five boroughs were consolidated in 1898, according to data compiled by Bloomberg from the state elections board and the 2005 books “America at the Polls” and “The Encyclopedia of New York State.
The results underscore New York’s decades-long status as a Democratic bastion where most residents are racial and ethnic minorities. Of the city’s 8.2 million residents, 29 percent are Hispanic, 23 percent are non-Hispanic black and 13 percent are non-Hispanic Asian, according to 2011 estimates from the Census Bureau.
Manhattan, which includes Wall Street, is the one borough where Obama’s support edged downward, falling to 84 percent from 86 percent four years ago.
Why mention that Manhattan includes Wall Street? Wall street is a street and not a neighborhood, and not a street with many residential buildings. It’s a place where people go to work.
The writer of the article was probably trying to point out that the finance industry is New York City’s most conservative industry, and I agree. Yet still, I estimate that the majority of people who work in that industry and live in Manhattan, including extremely wealthy executives, voted for Obama and not Romney, but by a narrow margin, not like the media industry where probably 90% voted for Obama. (And other major industries in Manhattan, law, advertising, fashion, business services, all vote more Democratic than finance.)
There are a lot of mixed marriages in which the husband has a high-paying job in finance and votes Republican, and the wife votes Democratic. And if they have children old enough to vote, their children of both sexes also vote Democratic.
The slight drop from 86% to 84% probably is related to a general trend I saw in exit polls in which the wealthiest Americans switched their vote, by several percentage points, to Obama in 2012. Obama’s loss of support may have nothing to do with Obama or the economy and more to do with wealthy voters being unable to hold their nose and vote for a ticket in 2008 that included Sarah Palin, and that wealthy voters liked Romney because he’s very intelligent and has a track record of success in business endeavors.
Romney’s strongest support in New York City came from Orthodox and Hasidic Jews and Russian immigrants in Brooklyn, and from blue-collar whites in Staten Island.