Last February, the Signal predicted that President Barack Obama would win reelection with 303 electoral votes to his opponent's 235--a prediction we made before the Republican party had chosen the identity of that challenger. This struck many people as absurd at the time: There were nine months of campaigning left, two conventions, several billion dollars worth of advertising, four debates, and untold bumps in the road for both sides.
As of Wednesday afternoon, 50 of 51 of those predictions are correct. We predicted the Republican would win Florida, where Obama presently leads by about 50,000 votes separating the candidates in Florida. If Gov. Mitt Romney can make up that distance, the Signal will have gone a perfect 51 for 51.
We point this out not to brag--mostly not to brag--but to say that it's a vindication for the big-picture view of presidential elections: That they are the product of a complex stew of social and economic forces, not a contest between candidates and campaigns.Read More »from Signal forecast goes 50 for 50 with Florida outstanding