Is the U.S. Presidential Elections a Function of Income Growth?

Google Gemini summary:

One variable just like the Founders intended

Farm Income may predict corretly 14 out of 16 (88%) the U.S. presidential elections (1960-2024). Were it not for Clinton II, the percentage would have been 15/16 or 94% as the ratio for the first 3 quarters of 1996 was rising. Fourth quarter number released after election was way down and made the whole year lower. Johnson election may be biased by Kennedy assassination.