It’s July. Neither candidate has picked a running mate. We’re more than a month away from either party’s convention. The Democratic candidate didn’t lock down the nomination until last month. Election Day is 102 days away.
With that in mind, it just doesn’t make any sense to get too excited, in either direction, about what’s likely to happen in the presidential race. Too much can and will happen between now and November.
But for most of us — and I include myself in this equation — that’s not quite good enough. We want to know, at a minimum, whether to feel confident or insecure. Do we dare let our hopes get high, or do we expect the worst? Do we have faith in the electorate, or do heed Mencken’s advice and keep our money in our pocket?
My friend Kevin Drum — who just yesterday said John McCain “is pretty obviously doomed this year” — has an optimistic worldview. I hope he won’t mind if I quote him at length (and by “at length,” I mean, steal his whole post):
For some reason, there seems to be endless chatter among liberals right now who are worried about how Obama is doing against McCain. Why is the race tightening? Why hasn’t there been a bump from Obama’s overseas trip? Etc. etc.
Beats me. But the race sure doesn’t seem to be tightening to me. Different polls show different things, and different poll averages show different things, but the one I usually use (from RealClear Politics) showed Obama ahead by 4.8 points last week and ahead by…..4.9 points this week. So he’s doing fine.
As for the world tour, it’s gotten him a ton of coverage during a month that’s usually light on people paying attention to politics, and the coverage has mostly been very positive. That’s a good thing. It may not have given him an instantaneous bump, but honestly, we should all calm down over stuff like this. Not everything shows up in tracking polls within 24 hours. The trip is good for Obama, it increases his foreign policy cred, and once it’s out of the way he’ll be pretty well positioned to stay home and bear down on the campaign later this summer.
Long story short, I’m not really very worried. McCain will make progress here and there depending on where he spends money and what the issue of the hour happens to be, but overall he’s not making up any ground. My bet is that three months and $300 million from now, Obama’s going to pick up several more points in the polls and be ahead of McCain by eight or nine points. It ain’t over til it’s over, but right now it doesn’t look to me like there’s really anything much to fret about.
I really want to believe this, but there’s that little tinge of dread I find hard to suppress.
Kevin points to the RCP averages, which shows Obama up by about four, which is about where it’s been for a month now. Pollster.com has a rival chart with polling averages, which shows Obama’s lead down to less than three points, and shrinking slightly.
Rasmussen’s daily tracking poll has Obama up by four, and Gallup’s daily tracking poll has Obama up by two. Both haven’t changed much in a while.
Needless to say, it’s not a national race; it’s 50 state races. The national polls are interesting for trend lines, but they lack predictive value. The goal is 270 electoral votes; not 50% plus one.
But even some of the state polls leave Dems feeling antsy. Just today, new Quinnipiac numbers show big shifts in McCain’s direction in Colorado and Minnesota, both of which the Obama campaign are counting on.
What often goes overlooked is that the McCain campaign has been spending furiously in battleground states — and Obama hasn’t. The Republican has been spending to stay close; the Democrat has been keeping his powder dry, waiting to start spending in earnest until later. The polls are going to reflect this, and once Obama’s coffers open, I expect a shift in his direction.
So why am I still a nervous-nelly? Because Obama’s been running a nearly-flawless campaign in a cycle in which Americans are practically desperate to vote for a Democrat. McCain, burdened by gaffes, flip-flops, and surrogate scandals, has been a bumbling, incoherent candidate, who can’t seem to do anything right.
And Obama is just barely holding onto a national lead. I’d like to think Obama would be padding an enormous lead now, which would narrow as the race continues. That’s not happening at all.
If the 1980 model is sound, and I’m inclined to think it is, Obama still needs to prove himself. That’s fine; I’m confident he can. Once that happens — and it may not happen until October — things should turn out fine.
But right about now, I’m keeping my expectations in check.