September 29th, 2008
Electoral vote forecast from iphone app Election ’08 (as of 4;30 PM today):
Obama 286
McCain 252
Cash on hand (as of Sept 21st reports)
Obama $77MM
McCain $36MM
Catching up (as I listen to the news about the vote against the rescue plan and think about implications for the race) on the debate and where we stand.
On the vote (and the market cratering) this should help Obama and hurt McCain. 65 republicans voted for the bill; 133 against it. McCain camp claims he moved republicans from 4 to 65 by going to capital hill last week, but clearly if that was the case it was not enough.
I had a chance to catch up with several of you while driving over the weekend. I agree with the general consensus that no one scored a knockout blow at the debate. I thought McCain was at risk of appearing either very tired or making a colossal mistake, given how bad he looked getting on the plane in DC and all of his conflicting statements over the previous 12 days, but he didn’t. Both sides have something to cheer about (McCain that Obama agreed with him 7/8 times, Henry Kissinger support, etc.; Obama that he looked presidential and held his own on McCain’s strongest turf).
I thought they both left a lot on the table and were not nearly as aggressive as they could have been. I would have advised McCain to hit on 2 points a lot harder: (1) his track record of reaching across the aisle, challenging his own party, etc. vs limited/no examples for Obama and (2) repeating that Obama’s experience to lead the country in this critical time has been a Senator for less than 4 years and a State Senator for 3 years.
I would have advised Obama to hit on 2 more detailed and irrefutable points: (1) Expand the Reagan question “are you better off than you were 4 years ago” to “are you better off, do you feel safer; are we less dependent on foreign oil, are you more confident that you can pay for your and your parents health care, your kids college, etc.” and (2) Using the opportunity presented by the questions about terrorist attacks and others to replay the events of the past week and cast them as an example voters can use to assess the candidates judgment. He could have said something like “We took very different approaches. I talked with Secretary Paulson and respected his request to review the administration’s plan before announcing my own, I met with my advisors including Warren Buffet (and others) and then I laid out my principles (help for homeowners, transparency, over site, no CEO profits ahead of taxpayers, etc.). My opponent said Monday that the fundamentals of the economy are strong, on Tuesday he said we should not bail our AIG, on Wednesday he said we should, cancel debate, come to the debate, etc.” It would have been very difficult for McCain to rebut these statements and could have caused him to lose his temper.
The reasons Obama appears to be so conservative in both this debate performance and almost all of his recent advertising can be explained in part by the two major views of where we are in terms of who is ahead.
One view holds that unless Obama is ahead in states like Ohio, Pennsylvania, and Virginia by at least 8-10% he will not win them due to what is being called “racial leakage,” referring to the trend in other elections where black candidates polls over-forecast their votes on election day. If you have looked at polls in these states, they are very close (1-4%). Holders of this view also tend to believe that Reverend Wright’s “na, na, na God damn America” and Obama’s “cling to their guns and religion” YouTube videos will have huge distribution and impact in the last weeks before the election in these key battle ground states.
The other view, which is supported by some of the smartest people I know regarding the impact of youth on recent elections, holds that almost all of the polls are wrong because they are land line telephone polls that under represent the youth vote and/or fail to account for the massive increase in registration. See Ann Selzer’s article on Youth and Minority Turnout for more on this. This camp believes that Obama is being conservative because their own data shows them significantly ahead and they want to play “protect the lead” football. Some have gone so far as to suggest that Obama is not more aggressive with their advertising (and otherwise appear to lack the “killer instinct”) is that they don’t want the (incorrect) polls to have Obama too far ahead and negatively impact their turnout. A huge stretch, IMHO.
Thoughts?
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