More slop being served up by the media.
Posted on 05/21/2020 4:39:12 AM PDT by Rennes Templar
New York (CNN Business)The economy has gone from President Donald Trump's greatest political asset to perhaps his biggest weakness.
Unemployment is spiking at an unprecedented rate. Consumer spending is vanishing. And GDP is collapsing. History shows that dreadful economic trends like these spell doom for sitting presidents seeking reelection.
The coronavirus recession will cause Trump to suffer a "historic defeat" in November, a national election model released Wednesday by Oxford Economics predicted.
The model, which uses unemployment, disposable income and inflation to forecast election results, predicts that Trump will lose in a landslide, capturing just 35% of the popular vote. That's a sharp reversal from the model's pre-crisis prediction that Trump would win about 55% of the vote. And it would be the worst performance for an incumbent in a century.
"It would take nothing short of an economic miracle for pocketbooks to favor Trump," Oxford Economics wrote in the report, adding that the economy will be a "nearly insurmountable obstacle for Trump come November."
The model has correctly predicted the popular vote in every election since 1948 other than 1968 and 1976 (although two candidates lost the popular vote but won the presidency in that span, including George W. Bush in 2000 and Donald Trump in 2016).
(Excerpt) Read more at ntknetwork.com ...
modeling hope
Gotta get the narrative straight. The economy tanking is a bad thing therefore we have to stay on lockdown. It Doesn’t work.
another model predicts that 220 MILLION Americans will
soon take down CNN and the corrupt media.
Oh boy! More models!
So very accurate, aren’t they?
We are DOOMED!!
/s
Yeah, but the markets keep holding up. So, one side or another is telling a big fat lie. Which one?
Are they using the same model that predicted millions of deaths in the u.s. from the virus?
If they are then we are good to go
Do they have a model that predicts who runs against Trump?
Due to the Virus model showing 2.2 million dead, mostly older people, I’m glad I’ll probably be gone when Biden wins in a landslide. So says the model. LOL!!!
People will forget why unemployment is spiking at an unprecedented rate or they will think President Trump failed for a hoax causing the unemployment That is their game plan.
Another liberal constructed model?
Climate change models - fail.
Wu Flu models - fail.
2016 election models - fail.
Methinks I see a trend here.
And, of all the collections of libs, CNN? We’re talkin’ 23 sigmas to the left of 100 on the Bell Curve.
Lord knows, Joe Biden already has.
More slop being served up by the media.
CNN had a poll last week indicating Trump would win easily in the 11 battleground states. This was followed by Republican wins in formerly Dem held congressional seats in Calif and Wisconsin, and the R sweep of the city council, Dem for 20 years, in Staunton, VA this week. I guess this is CNN doing penance for their earlier poll; I assume this Brit poll is of the same order garbage as their fellow Oxbridge graduate did with the Russian dossier nonsense.
We were attacked... By China.
How are the odds for a President when the nation was attacked?
FDR? W. Bush?
Funny how they leave COVID completely out of their model.
How was the economy going before March when the virus hit?
I don't remember CNN making that headline news when it came out.
Trump’s setting up the army to deliver Gates’s mRNA.
We’re gonna be scrambling for food by November and the Dems are mass mailing out their cheat ballots.
There is no chance that gets another four years. IMO.
You’re kidding yourself if you think this has been done by nearly China alone.
Using a standard model in non-standard times, how stupid. Some people cannot think outside the box. Well I guess they will be shocked again.
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