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Trump is on his way to an easy win in 2020, according to Moody’s accurate election model


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Trump is on his way to an easy win in 2020, according to Moody’s accurate election model

PUBLISHED 3 HOURS AGOUPDATED 29 MIN AGO
KEY POINTS
  • President Donald Trump will win re-election easily in 2020 if the economy holds up, modeling by Moody’s Analytics shows.
  • “If voters were to vote primarily on the basis of their pocketbooks, the president would steamroll the competition,” the report states.
  • Three models show Trump getting at least 289 electoral votes and as many as 351, assuming average turnout.
  • The Moody’s models have been backtested to 1980 and were correct each time — except in 2016, when it indicated Clinton would win a narrow victory.
 

RT: Donald Trump, 191011

President Donald Trump speaks during a meeting with China’s Vice Premier Liu He in the Oval Office at the White House after two days of trade negotiations in Washington, October 11, 2019.
Yuri Gripas | Reuters

President Donald Trump looks likely to cruise to re-election next year under three different economic models Moody’s Analytics employed to gauge the 2020 race.

Barring anything unusual happening, the president’s Electoral College victory could easily surpass his 2016 win over Democrat Hillary Clinton, which came by a 304-227 count.

 

Moody’s based its projections on how consumers feel about their own financial situation, the gains the stock market has achieved during Trump’s tenure, and the prospects for unemployment, which has fallen to a 50-year low. Should those variables hold up, the president looks set to get another four-year term.

The modeling has been highly accurate going back to the 1980 election, missing only once.

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“If the economy a year from now is the same as it is today, or roughly so, then the power of incumbency is strong and Trump’s election odds are very good, particularly if Democrats aren’t enthusiastic and don’t get out to vote,” said Mark Zandi, chief economist at Moody’s Analytics and co-author of the paper along with Dan White, the firm’s director of government counseling and public finance research, and Bernard Yaros, assistant director and economist. “It’s about turnout.”

Three models show Trump getting at least 289 electoral votes, assuming average turnout. His chances decrease with maximum turnout on the Democratic side and increase with minimum turnout expected.

Of the three models, he does best under the “pocketbook” measure of how people feel about their finances. In that scenario, assuming average nonincumbent turnout, he gets 351 electoral votes to the generic Democrat’s 187. “Record turnout is vital to a Democratic victory,” the report states.

 

trump%20moodys.1571152629128.png

In the stock market model, Trump gets a 289-249 edge, while the unemployment model shows a 332-206 advantage. Across all three models, Trump wins 324-214.

“Our ‘pocket¬book’ model is the most economically driven of the three. If voters were to vote primarily on the basis of their pocketbooks, the president would steamroll the competition,” the report states. “This shows the importance that prevailing economic sentiment at the household level could hold in the next election.”

Stock market levels also are key, and the two are intertwined. Zandi said that even a garden-variety 12% market correction around election time could sway the race, as could an unexpected downturn in the economy.

The results might come as a surprise given Trump’s consistently low favorability ratings — 40% in the latest Gallup poll — and as most head-to-head matchups against Democrats show the president losing.

However, the report said that Trump’s relatively stable ratings help provide a good benchmark for how he will do once election time comes.

Zandi said the race could come down a few key counties in Pennsylvania, which Trump flipped in 2016 after the state had voted Democrat in the previous five presidential elections.

trump%20map.1571153976885.png

Specifically, he said Luzerne County, in the northeast part of the state, “is the single-most important county, no kidding, in the entire election.” The longtime Democratic stronghold favored Trump, 51.8% to 46.8% in the election.

Trump doesn’t even have to win the county, but merely needs a strong turnout, Zandi said.

The Moody’s models have been backtested to 1980 and were correct each time — except in 2016, when it indicated Clinton would win a narrow victory. The authors attributed “unexpected turnout patterns” in Trump’s favor caused the error and they adjusted for that in the latest projections. They also said the will be updating the projections as conditions develop and change.

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This guy has been extremely accurate.

https://www.washingtonpost.com/news/the-fix/wp/2016/10/28/professor-whos-predicted-30-years-of-presidential-elections-correctly-is-doubling-down-on-a-trump-win/

https://www.cnn.com/2019/05/28/politics/allan-lichtman-donald-trump-2020/index.html

The man who predicted Trump's victory says Democrats may have to impeach him to have a chance in 2020

(CNN)Allan Lichtman doesn't mind swimming against the political tide.

Lichtman, a professor at American University in Washington, DC, was the most prominent voice predicting Donald Trump's victory in the run-up to the 2016 election. When Trump won, it marked the 9th(!) straight presidential election where Lichtman had correctly predicted the Electoral College winner. (That's all the way back to 1984, for you math wizards.)
 
In short: Lichtman is someone the political world should listen to. So I reached out to him on Tuesday to see what he thought of Trump's current chances at a second term next November.
Here's what he told me:
 
 
"Trump wins again in 2020 unless six of 13 key factors turn against him. I have no final verdict yet because much could change during the next year. Currently, the President is down only three keys: Republican losses in the midterm elections, the lack of a foreign policy success, and the president's limited appeal to voters."
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  • Trying to pay the bills, lol



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