Sunday, June 24, 2012

"Following the News" as an Election Indicator

Harry Enten, The Guardian
Pew Research published poll results Thursday showing President Obama leading Mitt Romney 50% to 46%. They further noted that Democrats were more satisfied with their candidate. You might think, therefore, that Obama was in great shape to win re-election in November. I have a different theory.It's been well-noted that polls at this point in the election cycle are close to meaningless. Past candidates who were up at this point, such as Michael Dukakis, have ended up losing by big margins, while those behind before the conventions, like Ronald Reagan in 1980, have won in blowouts. 

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