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political scientist allan lichtman developed a very effective method for predicting the result of presidential elections. there are 13 "keys" or true/false questions. if more than half are true, the incumbent party wins, otherwise they lose.
here they are:
Party Mandate: After the midterm elections, the incumbent party holds more seats in the U.S. House of Representatives than after the previous midterm elections. Contest: There is no serious contest for the incumbent party nomination. Incumbency: The incumbent party candidate is the sitting president. Third party: There is no significant third party or independent campaign. Short term economy: The economy is not in recession during the election campaign. Long term economy: Real per capita economic growth during the term equals or exceeds mean growth during the previous two terms. Policy change: The incumbent administration effects major changes in national policy. Social unrest: There is no sustained social unrest during the term. Scandal: The incumbent administration is untainted by major scandal. Foreign/military failure: The incumbent administration suffers no major failure in foreign or military affairs. Foreign/military success: The incumbent administration achieves a major success in foreign or military affairs. Incumbent charisma: The incumbent party candidate is charismatic or a national hero. Challenger charisma: The challenging party candidate is not charismatic or a national hero.
it's too early to know everything for sure, but we can get some insight.
Party Mandate: we picked up 21 house seats in 2008, and while the incumbent party usually lose seats in off year elections, losing 21 seats is not particularly likely especially if we're clearly out of the recession by then. i'll given this one, tentatively, to obama. Contest: barring a disaster, obama's very likely to be an automatic renomination. this was part of the genius of selecting hillary for state. key goes to obama. Incumbency: key goes to obama. Third party: no obvious movement toward this happening, but impossible to tell at this point. Short term economy: given the natural timing of recessions, it's very likely we will not be in one in 2012. key goes to obama. Long term economy: i have us growing at about 1.9% annualized during the shrub years. we're starting of at a deficit, but allowing for a zero in q3, we need to average about 2.3% for the rest of obama's first term. not a slam-dunk, but hardly a difficult target assuming we are actually coming out of this recession. this key leans toward obama, but i can't give it to him just yet. Policy change: obama gets this if he passes health care OR energy reform, or possibly something else. this is the ONE key republican seem to be pinning their hopes on. i think there's a clear mandate to do SOMETHING that at least LOOKS like a major policy change, but let's give this to the republicans just for fun. Social unrest: impossible to say at this point, although republicans are all about engineering social unrest these days. let's give it to the republicans because they can insist on it. Scandal: so far the obama group seems squeak clean, but one never knows. Foreign/military failure: too soon to tell. Foreign/military success: too soon to tell. Incumbent charisma: oh, hell yes! obama wins this one. Challenger charisma: too soon to tell, but this one leans obama.
results?
i give obama the following keys:
contest incumbency short term economy incumbent charisma
these lean toward obama:
party mandate long term economy challenger charisma
these are republican keys:
policy change social unrest
these are the unknowns:
third party scandal foreign/military success foreign/military failure
BOTTOM LINE: even with failure to pass healthcare and energy reform, AND assuming social unrest, a third party candidacy, a scandal, a foreign/military failure and no foreign/military success, i still have a majority of the 13 keys at least leaning toward obama.
so the republicans are engaging in quite a bit of wishful thinking if they are pinning obama's re-election solely on their efforts to block his agenda. they need to hope for quite a lot of bad news for obama in order to win the white house in 2012.
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