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Monday, 20th February 2012

Obama breaks clear

Jonathan Jones 6:48pm

The rejuvenation of Barack Obama’s re-election hopes continues apace. He’s added seven points to his approval rating since November, improving it from the low 40s to around 50 per cent now. After months of polling neck-and-neck with Mitt Romney, he now boasts a six point lead. Just four months ago, the bookies thought he was more likely to lose the election than win it. Now Intrade gives him a 60 per cent chance of victory.

Nate Silver has a great article on Obama’s chances in this week’s New York Times Magazine. He’s built a model to forecast the election results based on the three most important factors at this stage: Obama’s approval rating, his opponent’s ideology and economic growth. You can play with an interactive version of it here: just plug in your prediction for US GDP growth and see how likely each of the four Republican candidates is to beat Obama.

Setting growth at 2.5 per cent (the current forecast of the Wall Street Journal’s economics panel) makes Obama the 60-40 favourite against Romney. When Silver first launched his model back in November, and Obama’s approval rating was 43 per cent and growth was forecast at 2.3 per cent, it made Romney the 60-40 favourite.

And then, of course, there’s the possibility that Obama won’t be facing Romney in November at all, but rather a different Republican candidate — most likely Rick Santorum. The conventional wisdom has always been that Romney is the man with the best shot at beating Obama. But since Santorum’s recent surge, some polls have shown him doing slightly better against the President than Romney. This has led some to suggest that Romney might not have an electability edge after all.

But, as Nate Silver points out, head-to-head polling isn’t very reliable this far out from election day. A much better indicator of electability is a candidate’s ideology, which his forecasts do take into account. And that makes Santorum — further to the right than Romney — a far less troubling opponent for Obama. Silver’s model gives him just a 23 per cent chance of victory if he’s the nominee.

Filed under: Barack Obama (257 more articles) , Economy (1024 more articles) , Elections (284 more articles) , Mitt Romney (85 more articles) , Polls (286 more articles) , Rick santorum (36 more articles) , US politics (319 more articles) , White House (31 more articles)

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Comments Post comment

Heartless C.

February 20th, 2012 8:14pm Report this comment

Shame.

Worse, that there appears no sound Republican candidate.

Right On

February 20th, 2012 8:40pm Report this comment

May be worth noting that polls publish 4 years ago gave John McCain 1 and 2 point leads - how'd that work out?

I guess we can look forward to constant guessing about the outcome of a hypothetical race 8 months before it happens.

Might just be me, but a made up formula and a suggestion that Santorum is further to the right than Romney isn't much in the way of analysis!

edlebanon

February 21st, 2012 3:23am Report this comment

He's a great President and the Americans are lucky to have him, a genuine heavyweight statesman. He makes David Cameron look like the manager of a local golf club.

Alexander

February 21st, 2012 4:49am Report this comment

World War III

Those who won all battles shall lose the war.

Bilderberg Group and the crimes against humanity.

http://eamb-ydrohoos.blogspot.com/2012/02/world-war-iii.html

Drayner

February 21st, 2012 8:24am Report this comment

Too bad for the US. Maybe a second term will give Obama the chance to bear witness to the exercise in "growing" the economy by 1.5% while adding hundreds of billions to their national debt. When that little bubble pops it's going to be quite a painful one.

RMH

February 21st, 2012 8:26am Report this comment

Where is Verity when you need her.....

Jez

February 21st, 2012 8:59am Report this comment

It's amazing what a heavily stacked liberal media can actually achieve.

john gerard

February 21st, 2012 9:47am Report this comment

The probability of Obama losing the election is zero. He will walk it. Talk of it being a fight to the last is deluded. He doesn't even need to bother turning up. Look what he's up against. A total cinch, even easier than the last one. The administration will pull out ALL the stops this year to support a weak economy. The stock market is going to do very well. The US Fed Res will carry on printing. The Republicans should just forget it, and concentrate on '16, because they don't stand a chance in hell.

Incredible, as he's the worst post-war president by far. And up against Carter, that's saying something. There's no need to pay any attention to the US election coverage, as the result has already been decided. Do something more interesting instead...

BenM_Kent

February 21st, 2012 1:02pm Report this comment

An Obama re-election would be good news for Americans and good news for the world.

If it sets off the destruction of current Republican Party and its ideology, and drags that Party back to Earth, so much the better.

Dani

February 21st, 2012 2:56pm Report this comment

May not be the best or most dynamic president but the world is a lot safer with him in charge than the recent batch of war chasing Republicans.

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