It’s the stock market, stupid? Why Obama is no longer the underdog

[DaGoose]

But after bottoming out on October 8, when the prediction markets gave him a 48 percent chance of winning re-election, Obama has slowly and steadily climbed back to his August levels. His current odds, computed as an average of Intrade and Betfair, give him a 51.4 percent chance to win.

Obama's poll results and approval ratings are ticking up now, too. While it's tempting to credit scandals (exhibit C and G) or infighting among Obama's potential Republican rivals, or Republican stubbornness in the ongoing deficit reduction debate, the simplest explanation harkens back to the signature phrase of Bill Clinton's first presidential campaign, "It's the economy, stupid."

I know that polls and opinions change but Obama WILL be re-elected if the economy picks up.

http://news.yahoo.com/blogs/signal/why-obama-underdog-october-favorite-once-more-190454967.html

 

[OODA_Loop]

IF grandma had a dick

she'd be grandpa

 

[Rozman]

But after bottoming out on October 8, when the prediction markets gave him a 48 percent chance of winning re-election, Obama has slowly and steadily climbed back to his August levels. His current odds, computed as an average of Intrade and Betfair, give him a 51.4 percent chance to win.

Obama's poll results and approval ratings are ticking up now, too. While it's tempting to credit scandals (exhibit C and G) or infighting among Obama's potential Republican rivals, or Republican stubbornness in the ongoing deficit reduction debate, the simplest explanation harkens back to the signature phrase of Bill Clinton's first presidential campaign, "It's the economy, stupid."

I know that polls and opinions change but Obama WILL be re-elected if the economy picks up.

It

He's had three years to get the economy going ! ! !
He should not be re elected if we are in the same position a year from now.

 

[DaGoose]

But after bottoming out on October 8, when the prediction markets gave him a 48 percent chance of winning re-election, Obama has slowly and steadily climbed back to his August levels. His current odds, computed as an average of Intrade and Betfair, give him a 51.4 percent chance to win.

Obama's poll results and approval ratings are ticking up now, too. While it's tempting to credit scandals (exhibit C and G) or infighting among Obama's potential Republican rivals, or Republican stubbornness in the ongoing deficit reduction debate, the simplest explanation harkens back to the signature phrase of Bill Clinton's first presidential campaign, "It's the economy, stupid."

I know that polls and opinions change but Obama WILL be re-elected if the economy picks up.

It

He's had three years to get the economy going ! ! !
He should not be re elected if we are in the same position a year from now.

And from the sounds of it there's a good chance we won't be.

 

[bripat9643]

He's had three years to get the economy going ! ! !
He should not be re elected if we are in the same position a year from now.

And from the sounds of it there's a good chance we won't be.

Unemployment will be above 8.5% by next November. No incumbent has ever won with unemployment that high.

 

[DaGoose]

He's had three years to get the economy going ! ! !
He should not be re elected if we are in the same position a year from now.

And from the sounds of it there's a good chance we won't be.

Unemployment will be above 8.5% by next November. No incumbent has ever won with unemployment that high.

If that's the case there's a first time for everything.

 

[Douger]

IF grandma had a dick

She'd be grandpa

I wouldn't be so sure in this day and time.

 

[Billy000]

But after bottoming out on October 8, when the prediction markets gave him a 48 percent chance of winning re-election, Obama has slowly and steadily climbed back to his August levels. His current odds, computed as an average of Intrade and Betfair, give him a 51.4 percent chance to win.

Obama's poll results and approval ratings are ticking up now, too. While it's tempting to credit scandals (exhibit C and G) or infighting among Obama's potential Republican rivals, or Republican stubbornness in the ongoing deficit reduction debate, the simplest explanation harkens back to the signature phrase of Bill Clinton's first presidential campaign, "It's the economy, stupid."

I know that polls and opinions change but Obama WILL be re-elected if the economy picks up.

It

He's had three years to get the economy going ! ! !
He should not be re elected if we are in the same position a year from now.

It is has now been determined that Obama's stimulus created 3 million jobs in the private sector. Also, Obama lowered the unemployment rate from 12% to 9%.

He's done a lot in 3 years.

 

[editec]

As we witness the European Union's economic cold becoming worldwide pnumonia, I'd say making predictions about the next US economy or the election outcomes is nothing but whistling in the dark

This isn't like our fathers recessions, neither is it our grandfathers' great depression, either.

Looks to me like the center (of modern capitalism) will not hold.

This is the logical conclusion, indeed the end game of this round of modern capitalism.

The winners of capitalism have far too much money, everybody else too much debt.

And as there's no real mechanisms in the capitalism game to change that situation?

I mean, Congress even fucked up the bankruptsy laws, at the behest of the banksters, and those bankruptsy laws used to be the emergeny exit when things got this bad.

Time is coming when the folks who own all these debts either take haircuts (absolving, NOT rewriting debts) or they wait it out foolishly demanding payments that will never be forthcoming, and until there's enough misery on the mean streets that THE people will accept ANY solution that puts food on their tables and stabilizes their societies.

What we're on NOW is the path to some mightmare like fascism or communism.

And who put us there?

The MASTERS of the BANKING universe, folks.

The very folks so many of you nitwits admire.

Greed is good?


We about to see just how wrong that assinine philosophy really is, folks

 

[OODA_Loop]

The winners of capitalism have far too much money, everybody else too much debt.

yes the successful have far too much

it needs to be taken and some more laws will make it fair

 

[The T]

But after bottoming out on October 8, when the prediction markets gave him a 48 percent chance of winning re-election, Obama has slowly and steadily climbed back to his August levels. His current odds, computed as an average of Intrade and Betfair, give him a 51.4 percent chance to win.

Obama's poll results and approval ratings are ticking up now, too. While it's tempting to credit scandals (exhibit C and G) or infighting among Obama's potential Republican rivals, or Republican stubbornness in the ongoing deficit reduction debate, the simplest explanation harkens back to the signature phrase of Bill Clinton's first presidential campaign, "It's the economy, stupid."

I know that polls and opinions change but Obama WILL be re-elected if the economy picks up.

It

Big if . The FED has stated that unemployment will remain HIGH for years. High unemployment caused by uncertainty of ObamaCare and Obama's call to tax even more will keep it that way. No recovery can be had with high unemployment numbers...period.

Bernanke Says Unemployment Will ‘Remain Elevated’