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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSince Presidential approval often impacts elections, what will Obama's aproval be in one year?
With unemployment down to 5% and I am guessing it will be in the mid 4's in a year where will his approval be?
Guesses?
Here are two models that predict different outcomes:
http://money.cnn.com/2015/08/06/news/economy/2016-democratic-victory-moodys-analystics/
http://blogs.reuters.com/great-debate/2015/10/14/forget-what-you-saw-last-night-two-simple-reasons-a-republican-is-likely-to-win-in-2016/
I think the first model is a much better model and the betting odds seem to agree with the first model. Betting odds are usually very accurate when it comes to elections.
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Since Presidential approval often impacts elections, what will Obama's aproval be in one year? (Original Post)
Quixote1818
Nov 2015
OP
Found this chart. Interesting how the U-6 rate was hit worse than the official rate in 2008
Quixote1818
Nov 2015
#4
former9thward
(32,064 posts)1. Elections are decided by the middle class.
The poor don't vote and there are not that many very rich. The middle class knows the 5% number is phony. It was generated by a labor participation rate of 62%. When you stop counting the unemployed it is easy to make the unemployment rate anything you want to make it. I think his approval will be in the 40-45% range.
SickOfTheOnePct
(7,290 posts)2. I'm not going to guess what his approval ratings will be
but I agree 100% with your assessment of the unemployment rate.
Quixote1818
(28,955 posts)4. Found this chart. Interesting how the U-6 rate was hit worse than the official rate in 2008
and has lagged ever since then:
eridani
(51,907 posts)3. Depends on what is happening in the economy at the time.
Let's hope that things don't get too fucked up.