Comparing 2006 to Recent Elections

This is another post out there for all of you who still think, or at least worry, that Democrats are going to blow this election. Admittedly I am writing this at least in part to allay my own worries, because I admit that in my gut I still have a nagging sense that somehow Republicans will come back in this election. But what I want to point out is that our chances in this election are not like our chances in other recent elections. We are in a much, much better position, and we would have to make much bigger errors than we have made in the past to not pull this off.

I have offered up warnings about the generic congressional ballot in the past, but at the very least it can give the sense of the general state of an election when compared to where the ballot stood in previous elections. First, here are the most recent polls from the six firms that have commissioned likely voter generic congressional ballot polls since Labor Day (from Polling Report):
  • Fox: Dems 49%, Reps 38% (9/27)
  • Zogby: Dems 42%, Reps 33% (9/25)
  • CNN: Dems 55%, Reps 42% (9/24)
  • Gallup: Dems 48%, Reps 48% (9/17)
  • AP: Dems 53%, Reps 39% (9/13)
  • Harris: Dems 46%, Reps 35% (9/11)
These polls, the most recent from the is polling firms to publish generic ballots since Labor Day, show an average Democratic lead of 48.9%--39.3%. This is virtually identical to the numbers found among registered voters:
  • Hotline: Dems 43%, Reps 33% (9/26)
  • CNN: Dems 54%, Reps 41% (9/24)
  • CBS: Dems 50%, Reps 35% (9/19)
  • LA Times: Dems 49%, Reps 39% (9/19)
  • Gallup: Dems 51%, Reps 42% (9/17)
  • AP: Dems 51%, Reps 39% (9/13)
  • Harris: Dems 45%, Reps 35% (9/11)
  • Pew: Dems 50%, Reps 39% (9/10)
The last eight registered voter generic ballots show Democrats ahead by a mean of 49.1%--38.0%. Rasmussen has a generic ballot where Democrats lead 46%-38%, but I am not sure when it was conducted, so it will not be included here. What little difference there is between the likely voter polls and the registered voter polls is contained entirely within the Gallup poll of likely voters. Clearly, Gallup stands alone, even against itself.

So, Democrats have a double-digit lead across large numbers of polls. My point in this post is to show that we simply have not had leads like this in the generic ballot in any other recent election. Not even close. First, here is a handy table to compare where the generic ballot averages stood at the end of September over the past five campaigns. For the 2006 totals, I used the seven likely voter polls plus the three generic ballots that did not come with a likely voter model (LA Times, Hotline, and CBS):

End Of September generic ballot average, last five federal elections
2006: Dems 48.4%--Reps 38.2%. Democratic Margin: 10.2%
2004: Dems 45.3%--Reps 44.3%. Democratic Margin: 1.0%
2002: Dems 44.3%--Reps 42.6%. Democratic Margin: 1.7%
2000: Dems 44.5%--Reps 43.3%. Democratic Margin: 1.2%
1998: Dems 42.5%--Reps 46.0%. Democratic Margin: -3.5%

This is a whole different ballgame. This is nothing like the other recent elections. In the extended entry, I offer more detail on each of those years:

  • In 2006, Democrats have never trailed, and have held double-digit leads outside of the margin of error every month from February forward.

  • In 1998, the largest generic ballot lead for Democrats at any point in the campaign was five points, recorded in a single poll by the AP in late October. A few other polls had shown Democrats up by four points, but there was never a consistent Democratic lead of any amount at any point during the campaign. At this point in 1998, the previous six generic ballots actually showed an average Republican lead of 1.0%. The two generic ballots completed in late September of 1998 showed an average Republican lead of 3.5%

  • In 2000, generic ballots consistently showed a small Democratic lead. However, the largest lead recorded for Democrats during that election was 7 points, and only in two polls (one in July and one in late October). Three other polls, including one by Democracy Corps, showed Democrats leading by either 5 or 6. The rest showed much smaller leads, and nothing ever approached the levels we see in our current election. The four generic ballots completed in September of 2000 showed an average Democratic lead of only 1.3%.

  • In 2002, the generic ballot lead was clearly in favor of Republicans during the early part of the summer, but generally shifted back to Democrats for August and September. In September of 2002, nine polling firms conducted registered voter and /or likely voter generic ballots. By the end of September, the average Democratic lead across those nine polls was only 44.3%--42.6%. The best poll for Democrats during the election season showed them ahead by only seven points, and that poll was included in the average I described in the previous sentence. One Gallup poll in late October showed Democrats up 9 among registered voters, but that same poll showed them only up three among likely voters. Pretty much every poll during this cycle showed the race within the margin of error. Republicans often led during this cycle as well--certainly not something we see during this campaign season.

  • In 2004, there were some polls favoring Democrats by large margins around the time of the Democratic convention, but they appeared in only three sources and never showed up after mid-August. At this point in September of 2004, the previous six polling firms to release generic ballots showed Democrats only leading 45.3%--44.3%. After Labor Day of 2004, it was just as common to see Republicans leading in the generic ballot as it was to see Democrats ahead.
This just is not like the previous four elections when it comes to Congress and the generic ballot. While Republicans have repeatedly shown the ability to close well, that has primarily been built upon superior money, media and voter targeting. While they still hold advantages in all three of those areas, in 2006 Democrats have significantly closed the financial gap, have a much larger network of progressive media than in the past, and have made improvements both in voter targeting and money spent on GOTV in congressional campaigns. In other words, we have more protection against Republicans closing well than we have had in the past, and they need to make up a lot, lot more ground.

This probably won't stop me from feeling worried, but I hope people aren't discouraged into inaction because of how other recent elections have ended up. Remember this data, and be convinced that Democrats have a very good chance to take back the House in 2006. Then get back to work making it happen.

Display:


okay, but... (none / 0)


why do tradesports and iowa electronic markets both have GOP retaining house at >56% and retaining Senate at >80%?

I tend to read exclusively left blogs/news, so maybe I am not seeing the bigger picture?  The gamblers, at least, still favor the GOP... (and in fact recent days have trended towards them on the aforementioned sites).


by lokiloki on Thu Sep 28, 2006 at 09:03:07 PM EST

Re: okay, but... (3.00 / 1)

Oh for crying out loud.. because those people aren't polls. Because they are market fanatics. Because those things are basically bastions of CW thinking, and when the CW is wrong, they are way, way wrong. See, Iowa 2004, when they had Dean comfotably winning the caucus the day before the caucus.

I can't beleive people on MyDD keep bringing those useless tools up. Since when are progressives concinved that the market knows all?
by Chris Bowers on Thu Sep 28, 2006 at 09:09:43 PM EST
[ Parent ]

Re: okay, but... (none / 0)

But this means there's money to be made there, right?

Thanks for this post, Chris. I've got $400 to spend tonight. To whom should I contribute?


by BingoL on Thu Sep 28, 2006 at 09:15:50 PM EST
[ Parent ]

Re: okay, but... (none / 0)

I remember on DU in 2004 there was the prominent poster named TruthIsAll asserting for months that Kerry's win likelihood was 99.99%. I asked if he legitimately believed that and he shouted yes. But when I asked why he wouldn't take plus money on Kerry winning he said he didn't gamble. Any mathematician who thinks something is 99.99% likelihood yet is petrified to take +140 or higher on the outcome is a pure wimp. Or knowingly lying with his 99.99%.

It's simple to spit out opinions and claim it's nothing but conventional wisdom. I've mentioned ahead of time I took the GOP in the Alaska gov race at roughly 4/1 on Tradesports. That's now trading at 90. I also mentioned I have -120 and -135 on Lieberman on Bodog and provided a link. Last week it went back to -130 and I took some more. On Tradesports he's now more than a 2/1 favorite and on Bodog it's back to -190. Kudos, BTW, to the geniuses on Bodog who bet it down to -130. That was gift money I hadn't counted on.

For every example someone gives of the markets being wrong I can provide dozens when they were correct. Obviously it's a moment in time projection but that's the beauty of it, pouncing when you think the down the road advantage is yours.

There is plenty of conventional wisdom spewed here that has no basis in truth. For example, we keep hearing that New Jersey polls toward the GOP and Republicans were supposed to win or come very close in 2004, etc. Garbage. The odds on Kerry and Gore and Corzine winning their races were always huge, in the 90+ percentage. Now you've got Kean a slight favorite over Menendez yet posters want to compare this race to others. Brilliant.

I can just imagine if the bloggers made the betting odds. HA! What a feast that would be on a daily basis. Anyone with a poll lead would be the favorite. You would have wild shifts in the odds based on one poll or another. You could go to right leaning blogs and the over/under would be a shift of 5 House seats and on liberal sites it would be 23. I'd be taking even money or higher on Republicans maintaining senate control instead of the 17 to 20% on the market sites. Work would be optional within seconds.

It's a useful tool and pretending otherwise is nonsense. Kerry was always the betting underdog in 2004, even when he had the poll lead.


by jagakid on Thu Sep 28, 2006 at 10:00:53 PM EST
[ Parent ]

Parimutual Betting Most Accurate Market Reflection (none / 0)

..and yet favorites win only 1/3 of the time.

Handicapping political races is no easier than beating the track.

My gut says the GOP has a larger dollar advantage than usual. If so, could be that the smart money is betting on the money.

The truth is, nobody knows. I wouldn't mind putting some money down Sunday night, but not before.

--steve


by stevehigh on Thu Sep 28, 2006 at 10:15:47 PM EST
[ Parent ]

Re: Parimutual Betting Most Accurate Market Reflec (none / 0)

Your gut?

Is this a colbert-joke or are you serious?  The DSCC and DCCC are outraising their counterparts.  The DNC set an off year fundraising record.

I wouldn't contend the Dems have a money advantage, but they've closed the gap substantially this time.


by scientician on Fri Sep 29, 2006 at 10:49:46 AM EST
[ Parent ]

Re: okay, but... (none / 0)

Isn't it still true that using a dart board to pick stocks proves more successful than most "experts"?

What was the line on Lamont in June?  How about July?

Polls are actually scientific.  A bunch of gamblers using hunches are not.  Good for you if you can make money doing this, but I'll take the polls over the market any time.


by scientician on Fri Sep 29, 2006 at 10:52:00 AM EST
[ Parent ]

Re: okay, but... (none / 0)

Two comments:

First, trading markets with thin volume are unreliable.  This holds true for stocks as well.
This is especially a problem if the markets are
treated as actual barometers - people can swing
the margins drastically with a small volume of bids.
Picking from tradespots - the ohio senate race is 9-1 democratic or the minnesota governors race is 9-1 GOP.  Both of these races lean in this direction, to be sure, but not by this sort of margin.  Margins in individual contests are therefore to be taken with buckets of salt.

Second, political markets have an ingredient missing in stock markets - emotional investment in the outcome coupled with low stakes.  The track record of the IEM is not especially stellar.

For a sober assesment of the political betting markets, see

http://bigpicture.typepad.com/comments/2 004/10/presidential_fu.html


by ohioastronomy on Fri Sep 29, 2006 at 02:17:19 PM EST
[ Parent ]

Re: okay, but... (none / 0)


Since reading Wisdom of the Crowds!!! ;) :)

I've found them to be extremely accurate... assuredly they aren't useless as they doubtlessly are correlated with the final results.  So there is SOME use in them.  I guess it is the degree oc correlation that is the question.  Tradesports, in SPORTS at least, has a very high reliability in terms of prediction.

(Incidentally, I don't agree that they follow CW... when the CW was that them Dems would win the house (Cook report etc) Iowa still had GOP retaining...)


by lokiloki on Thu Sep 28, 2006 at 09:19:03 PM EST
[ Parent ]

Re: okay, but... (none / 0)


As well, one might point out the unreliability of polls: many fail quite spectacularly.  So it seems that using gambling odds as a supplement to often faulty polling data is quite useful.
by lokiloki on Thu Sep 28, 2006 at 09:28:31 PM EST
[ Parent ]

Re: Comparing 2006 to Recent Elections (none / 0)

If you look at only surface stuff and sites like CQ...reliable but conservative in the sense of "cautious"--on might easily conclude that the Democrats will take only 8-12 seats in the House.    Folks reading this site include a lot of serious data junkies, probably better informed than most on tradesports.  

Indeed, the 8-12 range is my current worst-case estimate, but I have to squint real hard, get out of the wrong side of the bed, and read three consecutive pessimistic political posts to think that's going to happen.  I'm a bit like Chris...there's this nagging worry...but all the data looks good.

My gut still says between +20 and +25 for the House.


by InigoMontoya on Thu Sep 28, 2006 at 09:12:27 PM EST

Re: Comparing 2006 to Recent Elections (none / 0)

which of the house races that tradesports currently has GOP winning do you think are most likely to go Dem?


by lokiloki on Thu Sep 28, 2006 at 09:21:13 PM EST
[ Parent ]

Re: Comparing 2006 to Recent Elections (none / 0)

I think their odds on all three races--OH-18, NM-01, and WA-08 are all too high in the Republican favor.  I wouldn't venture beyond that.  But more to the point, that's just way too few races of those that are competitive.  I think we have decent shots in all three...my gut says OH-18 may be the best of the three but that's a very intuitive pick, not based on any analysis.
 
by InigoMontoya on Thu Sep 28, 2006 at 09:56:15 PM EST
[ Parent ]

Re: Comparing 2006 to Recent Elections (none / 0)

FYI, here are the tradesport house races:

AZ-08: DEM at 80%
CO-07: DEM at 79%
CT-02: DEM at 57%
CT-04: DEM at 55%
IL-08: DEM at 75%
IN-08: DEM at 64%
IN-09: DEM at 67%
IA-01: DEM at 91%
NM-01: GOP at 69%
OH-06: DEM at 75%
OH-18: GOP at 69%
PA-06: DEM at 71%
TX-22: DEM at 75%
WA-08: GOP at 62%

Of course, the aforementioned are all on low volume.

And overall (on very high volume):

SENATE GOP: bid/ask 80/80.8
HOUSE GOP: bid/ask 56.3/57.4


by lokiloki on Thu Sep 28, 2006 at 09:25:45 PM EST

Re: Comparing 2006 to Recent Elections (none / 0)

NM-01 is a little closer, but Heather Wilson does lead.  I'd count OH-18 as a lot closer than that, if not Dem.  They don't have IN-02 at all, or NC-11, or PA-10, where the Dems are in the lead.

I'd say it is still looking like a good bet we will get at least 15.


by Mimikatz on Fri Sep 29, 2006 at 12:53:27 PM EST
[ Parent ]

Re: Comparing 2006 to Recent Elections (none / 0)

Trust me if Republicans win this election I wont be by merit but deception. This war is just getting worse. The American people are not that stupid to vote for such a party in deep disarray.


by JMART766 on Thu Sep 28, 2006 at 09:33:46 PM EST

Re: Comparing 2006 to Recent Elections (none / 0)

I guess my real hope is 08 Senate when more vulnerable GOPers are on the block.  I never thought 06 Senate looked good for the Dems, and it has turned out very nicely.  But 08 Senate will be where all the action is.


by lokiloki on Thu Sep 28, 2006 at 09:38:27 PM EST
[ Parent ]

Good News, But... (none / 0)

This is exactly what one would expect.  I have long seen this as realigning election time, which means that this is exactly what we should be seeing.  The question has always been whether the mechanisms the GOP has put into place would be strong enough to withstand this tide--such mechanisms including (1) gerryamandering, (2) media brainwashing, (3) controlling the political agenda with a crescendo of fear and (4) indimidation of the Dems.

In terms of hard numbers, (1) is why your seat-by-seat analysis is so crucial.  This also measures some of the effects of the last 3 as well.

The failure of their strategy to unify on immigration and divide the Dems really reduced their options.  The fact that this was preceeded earlier by the Dubai Ports fiasco only made it more damaging to their gameplan.  The persistence, and slow, further unfolding of corruption stories, as well as the spread of other character-related problems (Padgett's bankruptcy, Allen's racist meltdown, etc.) have also put them off their game, broadly on the defensive nationally, and in deep troubly in some places they didn't expect to be worrying about.

But it's your seat-by-seat view that tells how well these all add up.

I don't mean to take the wind out of your sails regarding the data here.  Rather, I want to reaffirm that this is a sort of backstop post that is good to see as a regular reminder for folks, especially those who have never seen a religning election before, at least in their adult lives.  But the real action lies with the more labor-intensive, grinding out the numbers seat by seat posts.  The more thankless, less glamorous task is the more important one, by far.

And is much appreciated.


by Paul Rosenberg on Thu Sep 28, 2006 at 10:13:30 PM EST

Re: Comparing 2006 to Recent Elections (none / 0)

Which democrats voted for torture? Does anyone have a list? They need to go. They just need to be replaced.


by Lisa B on Thu Sep 28, 2006 at 10:21:01 PM EST

Re: Comparing 2006 to Recent Elections (none / 0)

Primaries are over.

What are you going to do to replace them in 2006, vote GOP?


by scientician on Fri Sep 29, 2006 at 10:54:43 AM EST
[ Parent ]

Re: Comparing 2006 to Recent Elections (none / 0)

Look, there is no question we are much better off in 2006 than any recent cycle. The fearful reminders about 2002 (post-9/11) and 2004 (incumbent with his party one term in power) are asinine. We were too optimistic then but now we're in a second term midterm with the prevailing wind.

The dispute is whether we are optimizing our advantage. I say no, because we are ignorantly relying on vote-against instead of giving voters reasons to storm to the polls on our side. That's never going to pay full dividend but we don't seem to understand that, especially the young liberal bloggers.

The GOP won in 2002 because white women shifted to Republicans due to a positive, that the party was better suited to handle national security concerns. We handicapped it wrong, that we have lost solely due to negative campaigning. You can't win to the degree you should until you understand why you lost, and right now we suck in that aspect.


by jagakid on Thu Sep 28, 2006 at 10:21:48 PM EST

Re: Comparing 2006 to Recent Elections (none / 0)

Forget it, it was right under my nose.


by Lisa B on Thu Sep 28, 2006 at 10:25:24 PM EST

Speaking of bloggers with homemade odds (none / 0)

Check out this guy, supposedly Colorado's leading political site. Talk about clueless: http://coloradopols.com/frontPage.do

Now that's my kind of bookmaker. He'll give you big plus money on both sides in every race, guaranteeing a profit no matter who wins. I guess he's trying to establish some type of relationship, like Ritter at 3/1 and Beauprez at 10/1 supposed to mean that Ritter has more than 3 times the chance Beauprez does, but he's is so ignorant it's laughable.

Then he's got the killer line in the summary; "Think of it like a betting line, with these being the odds you'd get if you were laying down money today."

Yeah, don't I wish.


by jagakid on Thu Sep 28, 2006 at 10:51:09 PM EST

Colo Pols is the first to admit (none / 0)

They aren't doing real bookmaking odds. The numbers are more of a metaphor for who's up or down, where's the buzz, etc.

Colo Pols, affectionately called the "Dead Governors Website" (in joke) tends to get a lot of rumors and trolls, and it is read by all sides of the political establishment. It is probably more widely read than the more analytical-opinions you get at Square State or Colorado Confidential, which has selected several very good writers and emphasizes state-wide news.


There's more of us than there is of them.
by MetaData on Thu Sep 28, 2006 at 11:51:00 PM EST
[ Parent ]

Re: Comparing 2006 to Recent Elections (none / 0)

Markets make guesses sometimes based on facts, but mostly on emotion. Just try and follow the logic of why the Dow Jones industrial average goes up and down--most of the time there is no logic, just,well, up and down. Election predictions are the same way, I feel.
    Me, I've lived and experienced 1994 up close, and some other years, of course, and to me 2006 has a lot of the same feel as 1994. You have one party dominance, a lot of overreach, and a lot of voter anger on both sides of the isle. I vividly recall, however, a hugely controversial and unpopular gun-control bill that the Democratic congress passed--by a single vote, I believe--in either September or October. To me, this was the final catalyst that sealed the Democrat's doom. I don't wish to debate gun control here, but my point is, we have six weeks to potentially see such an event this cycle--either way. IF the GOP is stupid enough to repeat that kind of overreach, Chris's forecasts of Democratic takeover will look mild indeed. If such an event goes the other way, however, the GOP could stem its losses considerably. In absence of such an event, IF Democrats go to the polls in good numbers, they will be the majority in one or both houses come November.
by Poll Addict on Thu Sep 28, 2006 at 11:17:18 PM EST

Re: Comparing 2006 to Recent Elections (none / 0)

     What would be really useful here is the FINAL RESULTS. What percentage of the national  Congressional vote did the Republicans get in these four elections? 'Cause that matters in assessing the predictive value of polls.


by Ron Thompson on Thu Sep 28, 2006 at 11:22:53 PM EST

Re: Comparing 2006 to Recent Elections (none / 0)

In addition ot the "warnings" post I link in the article, there is also this piece: http://www.mydd.com/story/2006/2/6/15611 /08043

Should answer your question.
by Chris Bowers on Fri Sep 29, 2006 at 12:02:21 AM EST
[ Parent ]

Re: Comparing 2006 to Recent Elections (none / 0)

     Thanks very much, Chris.
     From the sources you provided, it appears that Democrats got 49.2% of the two-party vote for Congress in 1998, 49.8% in 2000, 47.3% in 2002, and 48.6% in 2004.
     So the change from the late September polls to the actuals results was +1.9% for Democrats in 1998, -1.6% in 2000, -7.1% in 2002, and -3.8% in 2004. Average result is thus within 4 points of the late September polls, so this year's late September poll average of a 10.2% Democratic advantage should point to a Democratic margin of at least 6.2% and as much as 14.2% in total votes in November.
     Taking the lower number, that would be a margin of 53.1% for Democrats and 46.9% for Republicans, a bigger margin than any the Republicans enjoyed from 1998-2004, and a swing of 9 points from 2004, when Republicans led in the final voting by 2.8%.
     How many seats that would swing is impossible to tell, but it would certainly seem likely to result in a Democratic majority.
by Ron Thompson on Fri Sep 29, 2006 at 01:30:58 PM EST
[ Parent ]


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