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Topic subject | Trump will lose in a landslide (CNN swipe) |
Topic URL | http://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13384980 |
13384980, Trump will lose in a landslide (CNN swipe) Posted by Bambino Grande, Fri May-22-20 08:50 AM
#prayerhandsemoji
Trump will lose in a landslide because of the economy, new election model predicts
New York (CNN Business) The economy has gone from President Donald Trump's greatest political asset to perhaps his biggest weakness.
Unemployment is spiking at an unprecedented rate. Consumer spending is vanishing. And GDP is collapsing. History shows that dreadful economic trends like these spell doom for sitting presidents seeking reelection. The coronavirus recession will cause Trump to suffer a "historic defeat" in November, a national election model released Wednesday by Oxford Economics predicted.
The model, which uses unemployment, disposable income and inflation to forecast election results, predicts that Trump will lose in a landslide, capturing just 35% of the popular vote. That's a sharp reversal from the model's pre-crisis prediction that Trump would win about 55% of the vote. And it would be the worst performance for an incumbent in a century. "It would take nothing short of an economic miracle for pocketbooks to favor Trump," Oxford Economics wrote in the report, adding that the economy will be a "nearly insurmountable obstacle for Trump come November." The model has correctly predicted the popular vote in every election since 1948 other than 1968 and 1976 (although two candidates lost the popular vote but won the presidency in that span, including George W. Bush in 2000 and Donald Trump in 2016).
Ohio, Missouri could flip to Democrats
The national election model assumes that the economy is still in bad shape this fall, with unemployment above 13%, real per capita incomes down nearly 6% from a year ago and brief period of falling prices, or deflation. "The economy would still be in a worse state than at the depth of the Great Depression," the Oxford Economics report said. A separate state-based election model run by Oxford Economics that incorporates local economic trends and gasoline prices predicts Trump will badly lose the electoral college by a margin of 328 to 210. That model forecasts that seven battleground states will flip to Democrats: Iowa, Wisconsin, Michigan, Pennsylvania, Ohio, Missouri and North Carolina. "We would expect these states to experience significant economic contractions and traumatic job losses that would likely swing pocketbook vote," the report said. Oxford Economics developed the state-based model last year. It would have correctly predicted Trump's upset electoral college victory as well as seven of the nine prior elections since 1980.
Is it too early to predict the election?
Still, models based on economic trends are not political crystal balls. And they have no track record of predicting elections during pandemics. "Traditional models work in normal times. But we're not in normal times right now," said Greg Valliere, chief US policy strategist at AGF Investments. The election is still six months away. And the past six months show how much the world can change in that period of time. No one was predicting a 20% unemployment or a 40% collapse in GDP six months ago. Now, those are the consensus projections.
If the election were held today, Valliere said, former Vice President Joe Biden would probably win. But the next six months will give Trump time to reframe the debate around Biden and pin the blame for the pandemic on China. "No one can go negative like Donald Trump," Valliere said. Indeed, Oxford Economics said that its models have "inherent limitations," including the fact that they exclude noneconomic factors such as a candidate's agenda or likeability. Betting odds favor Trump More importantly, the models don't account for potential shifts in the pandemic. And this election may be a referendum on Trump's handling of the crisis. "If new infections really pick up, people will conclude Trump opened the country too soon," said Valliere. "But if new infections drop, Trump will get some credit." Another wildcard is how the pandemic impacts voter turnout. Strong turnout for Democrats could cause Trump to lose Florida, Texas, Arizona, Tennessee and Georgia, Oxford Economics said. But weak Democratic turnout, along with a sharper economic recovery, could give Trump a "razor-thin" electoral college victory, the report said.
There are other signs that Trump should not be counted out in November.
Users on PredictIt, a prediction platform, give Trump a 50% chance of winning reelection. That's up from 45% in mid-March. The betting odds also solidly favor Trump, according to an average compiled by RealClearPolitics. Recessions hurt incumbents Still, it's clear that some battleground states are hurting very badly right now. For instance, more than one-quarter of the workforces of Michigan, Pennsylvania and Nevada filed initial unemployment claims between March 14 and May 9. In Ohio, a bellwether state during presidential elections, 20% of the workforce has filed initial unemployment claims over that span. "Every incumbent president facing a recession in the lead-up to reelection has lost," said Ed Mills, Washington policy analyst at Raymond James.
But the key will be whether voters feel that the economy is back on the right track, with unemployment falling sharply and GDP rapidly recovery. "The real debate is what does the economy look like on Election Day?" said Mills. "Will the country have gotten past the worst of Covid-19 and the worst of the economic shock?" No one can answer those questions with certainty right now. Tax hikes on the horizon? The election uncertainty could pose a risk to the stock market, which has spiked since late March on hopes of a V-shaped economic recovery and in response to massive stimulus from the federal government. Wall Street doesn't want to see the pro-business elements of the Trump agenda disappear. Although investors don't love Trump's trade wars, his corporate tax cuts boosted S&P 500 earnings and set off a bonanza of share buybacks. Trump's regulatory rollbacks and spending hikes have also helped lift stocks. Despite the pandemic, the S&P 500 is still standing nearly 40% above where it was prior to Trump's election. If Biden wins the White House -- and the Senate flips to Democrats -- investors will be worry about tax hikes on companies and the rich, new restrictions on oil and gas production and increased financial regulation. "In almost every area where Trump has undone former President Obama's legacy," analysts at Eurasia Group warned in a report on Tuesday. "A Biden presidency would try and restore the policy positions of the Obama administration and in most cases go beyond it."
https://edition.cnn.com/2020/05/20/business/economy-election-trump-biden-jobs/index.html?utm_medium=social&utm_source=fbCNN&utm_term=link&utm_content=2020-05-20T18%3A44%3A04&fbclid=IwAR3rGccDzN0jFxGakBUQHrp7aEqR3LZevtgYnWx_olwMMVOyv3WEPMBPZYY&fbclid=IwAR2xKrE5C5ssUfV4MSjwurjAwd4cBjcPduLvY9i_muRxe7jKrjC6yca85VA
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13384983, that’s what they said the last time Posted by kinetic94761180, Fri May-22-20 08:53 AM
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13384991, ^^^^^^^^^^^^^^^^^ Posted by ThaTruth, Fri May-22-20 09:13 AM
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13385000, dude already trying to set the "it's rigged" table with mail voting Posted by liveguy, Fri May-22-20 09:35 AM
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13385002, lol. Posted by FLUIDJ, Fri May-22-20 09:44 AM
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13385008, He should but I’m not confident until it’s over Posted by legsdiamond, Fri May-22-20 09:58 AM
They are going to do everything they can to rig this election.
Everything points towards not winning but it’s America and his admin is some fucking gangsters.
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13385012, not when Joe Biden is out here making the rules about who is Black... Posted by PROMO, Fri May-22-20 10:05 AM
and who isn't.
FFS.
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13385023, they really need to keep him away from the camera forever lol. Posted by Reeq, Fri May-22-20 10:43 AM
not just that statement but theres no reason to be so unprepared for the other questions in that interview.
dude really needs to learn how to give the scripted mundane pc answers that may be boring and uninspiring but keep him out of the headlines for the wrong reasons.
trump is doing everything in his power to hand biden the election. and biden is doing everything in his power to hand it right back.
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13385029, Joe could stand on 5th Avenue and shoot himself in the foot... Posted by legsdiamond, Fri May-22-20 10:59 AM
and not lose a vote.
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13385030, LOL. Posted by PROMO, Fri May-22-20 11:00 AM
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13385264, Lol Posted by blkprinceMD05, Sat May-23-20 10:03 PM
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13385020, LANDSLIDE (c) Posted by PimpTrickGangstaClik, Fri May-22-20 10:24 AM
lol
If I had to put money down right today, I'd say Trump is winning in November. He's got the incumbent advantage and a huge machine behind him
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13385021, yeah this is gonna be a blowout Posted by BrooklynWHAT, Fri May-22-20 10:32 AM
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13385022, Dems gotta put Uncle Joe back on ice til the DNC Posted by CIPHA, Fri May-22-20 10:43 AM
I can't believe these are our choices.
...well, I can, but still.
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13385032, don't we got the tech to re-wire this dude? Posted by PROMO, Fri May-22-20 11:01 AM
six million dollar man his ass or something?
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13385028, all biden has to do is make this election a referendum on trump. Posted by Reeq, Fri May-22-20 10:56 AM
and as we see...he is having a hard time just doing that lol.
jesus christ what a shitty campaigner.
literally every ball is bouncing his way. burisma flopped, pandemic hurting trump, tara reade fell apart, obamagate was a dud, etc.
nothing can really hurt dude but his own damn mouth.
and thats exactly why this election will still be close lol.
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13385036, Exactly. Dude needs to do nothing but prepared speeches once a month... Posted by PimpTrickGangstaClik, Fri May-22-20 11:07 AM
just to let people know he's alive. Maybe ramp it up to a speech every two weeks come the fall. No interviews! No extemporaneous speeches!
He's got as many votes as he will ever get right now. Anything he does from now to November should be about just trying to keep them. Don't give people a reason to reconsider.
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13385039, im just going to sleep til november and hope that everything works out. Posted by Reeq, Fri May-22-20 11:18 AM
cuz the next few months are about to be excrutiating.
i have zero confidence that this will be bidens last/worst gaffe.
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13385033, CNN is telling people to stay home and not vote w/this headline... Posted by My_SP1200_Broken_Again, Fri May-22-20 11:03 AM
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13385061, ^^^Sees it^^^^ Posted by FLUIDJ, Fri May-22-20 12:05 PM
"Get ready....for your blessing....." "Bury me by my Grand-Grand and when you can come follow me"
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13385048, btw bidens campaign is being run by the woman who ran the beto campaign. Posted by Reeq, Fri May-22-20 11:34 AM
not the beto senate campaign. the beto presidential campaign.
so yeah...a landslide prolly aint in the cards lol.
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13385051, Swear sometimes I think it’s all rigged Posted by legsdiamond, Fri May-22-20 11:49 AM
Of all the people in the world you pick a woman from a shitty campaign that never got off the ground?
Is Biden being cheap?
Is it impossible to get someone from Obama’s camp?
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13385054, she was the battleground states director for obama in 08 Posted by Reeq, Fri May-22-20 11:57 AM
and deputy campaign manager for him in 2012.
a lot of these dem political operatives...successful and failed...come from that obama tree.
hopefully we get more of her obama side and less of her beto side.
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13385096, sidenote: bidens approach to public option vs medicare for all Posted by Reeq, Fri May-22-20 01:14 PM
is so ham fisted and one dimensional. not the biggest issue right now...but i just saw his recent comments about it.
look...when everything is laid out (tax increases, private insurance elimination, etc)...public option is clearly more popular and less of a liability in battleground states.
but biden is painting himself as a clear opponent to medicare for all. like fully against it ever happening, will never support it, etc.
but public option was designed by obama to be a pathway to universal single payer healthcare. obama knew it would eventually be wildly popular and become a staple in the lives of average americans (like every other policy of 'socialism' repubs have historically attacked).
so instead of biden presenting his presidency as a dead end for m4a and turning off all of the liberal voters/politicians who support it...he should say that freedom of choice is a foundational principle in this country. and he should present public option as merely a mechanism to give americans a choice between what healthcare they want. private insurance (via obamacare)...or single payer (medicare) via public option.
completely voluntary. not being forced off one or on to the other. put everyones mind at ease that their preferred choice will be given a fair shot in the marketplace of policies/ideas.
theres really no way for anyone to effectively attack that. its low risk with high reward. if either private insurance or single payer is as bad is their detractors claim they are...then surely it will die a natural death when americans have the freedom to pick a presumable superior alternative right?
its what obama would have done if he was in this position. its what pete tried to do (and gave him his initial surge). i dont know why the biden campaign hasnt crafted a better message around this by now.
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13385107, probably depends on who his corporate sponsors are... Posted by luminous, Fri May-22-20 01:46 PM
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13385136, i mean...obama took just as much big pharma money as anyone Posted by Reeq, Fri May-22-20 03:08 PM
and still pushed for public option. knowing it would lead to single payer healthcare (as joe lieberman pointed out).
its a constant push/pull in the party at this point.
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13385140, i think obama dropped it because it wasn't passing Posted by luminous, Fri May-22-20 03:34 PM
even with a democratic house and senate.
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13385143, yeah thafs what happened. Posted by Reeq, Fri May-22-20 03:40 PM
they dropped it to get joe lieberman (who opposed it) into the fold to pass the larger general bill.
my point was that obama had big pharma donors just like biden and he still tried to get public option across the finish line.
biden is overtly running on public option despite having big pharma donors too. so clearly he isnt shying away from that bridge to single payer.
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13385108, I wish... Posted by luminous, Fri May-22-20 01:47 PM
are previous Trump voters feeling any regrets?
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13385123, Sidenote: How impactful are celebrity endorsements of a candidate? Posted by Bambino Grande, Fri May-22-20 02:41 PM
I just don't get how all the celebs and influencers and whoever with gazillions of followers and viewers aren't going HAM all year and really hammering in that people really need to get out here and vote for not-Trump. Where's Will Smith and Oprah and Rihanna and Selena Gomez and Reese Witherspoon at? Lol
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13385132, this is why conservatives constantly tell celebs to shut up Posted by Reeq, Fri May-22-20 03:01 PM
and stick to their professions instead of constantly bringing up politics.
they know culture is upstream from politics.
these people are potentially massive megaphones for liberal messaging and would consistently dominate/drown the media narrative.
its why conservatives throw a party any time any famous person comes out as conservative or a trump supporter.
these people have huge followings with years of trustworthiness built into the relationship.
an acute endorsement around election time...especially in the absence of a prolonged political message...has a limited effect.
but could you imagine if the kardashians, the rock, kevin hart, arod/jlo, etc went full partisan 24/7 and constantly countered the right wing media system by bringing things like voter suppression and extremist judicial nominations to their followers attention?
their reach would make fox news look like a wordpress blog.
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13385135, This, remember that Denzel interview that got brought up Posted by luminous, Fri May-22-20 03:07 PM
For no reason
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13385144, yup. Posted by Reeq, Fri May-22-20 03:41 PM
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13385138, no. Posted by Trinity444, Fri May-22-20 03:30 PM
these boys playing Detroit ball, lol
I’m scared...
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13385151, barack and michelle need to start campaigning to black people *now*. Posted by Reeq, Fri May-22-20 03:52 PM
to the point where we think they are the ones running to be president/vp lol.
seriously black people need to be engaged with constant pro-actively pro-black messaging especially during this election.
just leaving it up to team biden and ongoing gaffe/apology roller coaster isnt gonna cut.
and there needs to be constant negative casting of trump and the republican party when it comes to race. just to highlight the differences in the parties.
because there are a lot of people that just view them as the same and dont ever hear shit about voter suppression, embedded white nationalism, delegitimization of pro-diversity policy, the effect of republican policies on black health and life expectancy, etc.
case and point...right now the landscape is rife with opportunity to attack the trump/repub coronavirus response and the disproportionate harm it is doing to black people. but biden is clearly not the person competent enough to press this issue and draw a clear distinction with black voters.
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13385273, are you black? like are you an african-american man? Posted by decaturpsalm, Sun May-24-20 07:08 AM
you liken black voters to children and its amusing to see that youre serious
"dem niggaz need Chelle and BARACK!" black voters need to be influenced? because they dont know any better?
black voters need to be led to do what exactly?
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13385275, what a silly take. Posted by Reeq, Sun May-24-20 07:28 AM
this your 1st election?
cuz apparently campaigning and targeting different voter groups is foreign to you.
when white people advised the obama campaign and dems in the 2018 midterms to deploy biden to the rust belt and midwest to help with messaging to white working class folks...did you question their whiteness? lol.
you sound like some suburban twitter activist tryna overcompensate and validate your wokeness.
you gonna lecture me on cultural appropriation and microaggression next? lol.
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13385277, got it Posted by decaturpsalm, Sun May-24-20 07:45 AM
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13385309, He didn't answer the question... Posted by CIPHA, Sun May-24-20 12:51 PM
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13385158, Trump deemed churches essential. Posted by legsdiamond, Fri May-22-20 04:35 PM
It’s like he wants his voters to die.
Hoping Black churches don’t fall for this shit.
Good friend is a pastor in DC and already told his church they aren’t opening.
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13385276, Biden doing his best to throw away a W Posted by legsdiamond, Sun May-24-20 07:39 AM
and somehow Black people are going to get blamed for it again if he loses.
Already getting blame for being upset over his clumsy attempt on the Breakfast Show.
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13385381, CA 25 got me worried. If we have to go to all mail in voting Posted by blkprinceMD05, Sun May-24-20 10:35 PM
Which I think we all should but I don’t think it’s a slam dunk becuz a lot of ppl reliable on our side may not be used to voting by mail.
Plus I put my request for my mail in ballot for the June 9th ga primary and The SOS voter page says it was mailed April 24 but I still haven’t gotten it.
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