Daily Bulletin

The Times Real Estate

.

  • Written by Adrian Beaumont, Honorary Associate, School of Mathematics and Statistics, University of Melbourne
Biden increases lead after debate and Trump's coronavirus; Labor gains Queensland lead

With four weeks left until the November 3 election, the FiveThirtyEight aggregate of US national polls gives Joe Biden a 9.0% lead over Donald Trump (51.4% to 42.4%). Biden’s lead has increased 1.4% since an October 1 article I wrote for The Poll Bludger.

In the key states, Biden leads by 7.5% in Michigan, 7.0% in Wisconsin, 6.6% in Pennsylvania, 4.3% in Arizona and 3.4% in Florida. If Biden wins the states that voted for Hillary Clinton in 2016, plus Michigan, Wisconsin and Pennsylvania, he wins the election with at least 278 of the 538 Electoral Votes.

Pennsylvania is still the “tipping-point” state that could potentially put either Trump or Biden over the 270 EVs required to win. But it is polling closer to Wisconsin and Michigan than in the recent past. The current difference between Pennsylvania and the national vote is 2.4% in favour of Trump.

There are five states where Biden is either just ahead or just behind: North Carolina, Georgia, Texas, Iowa and Ohio. If Biden won all of them, he would win a blowout victory with over 400 EVs.

In the FiveThirtyEight forecast, Trump still has a 17% chance to win, though only an 8% chance to win the popular vote. Trump’s chances have declined 4% since last week. Still, a 17% chance is the probability of rolling a six on a six-sided die.

Trump’s ratings with all polls in theFiveThirtyEight aggregateare 43.4% approve, 53.0% disapprove (net -9.6%). With polls of likely or registered voters, Trump’s ratings are 43.7% approve, 53.0% disapprove (net -9.3%). His net approval has declined about one point since last week.

The FiveThirtyEight Classic Senate forecast gives Democrats a 70% chance to win, up 2% since last week. The most likely outcome is a narrow 51 to 49 Democratic majority, unchanged from last week. The forecast gives Democrats an 80% chance of holding between 48 and 55 seats after the election.

Trump’s coronavirus

Perhaps there would have been some public sympathy for Trump had his coronavirus appeared to be bad luck. But it is likely Trump and other prominent Republicans’ coronavirus infections occurred at a September 26 event to announce Amy Coney Barrett as Trump’s nominee to replace the late Ruth Bader Ginsburg on the Supreme Court.

The footage shows people sitting close together, without face masks. This created an impression of reckless conduct by Trump and other Republicans in ignoring medical advice.

In a CNN poll taken after Trump’s coronavirus, 60% disapproved and 37% approved of Trump’s handling of coronavirus; his -23 net approval is a record low on that issue. 63% thought Trump had acted irresponsibly and just 33% thought he had been responsible.

An additional problem for Trump is that coronavirus is back in the headlines. As Trump is perceived to have been poor on this issue, that helps Biden. New US daily cases have plateaued between 30,000 and 50,000.

Biden wins first presidential debate

The first presidential debate between Biden and Trump occurred on September 29. A CBS News post-debate scientific poll gave Biden a narrow 48-41 victory, while a CNN poll gave him a far more emphatic 60-28 win. Trump needed a clear win to change the current polling. There will be two more presidential debates on October 15 and 22, and a vice presidential debate Thursday AEDT.

The major headlines from the debate were that it was a shouting match, and Trump’s refusal to denounce white supremacists. I have said before that the US economy’s fast recovery from the April coronavirus lows is Trump’s best asset for re-election, but he did nothing during the debate to tell a positive story about the economy.

Concerning the Supreme Court fight over Ginsburg’s replacement, a Morning Consult poll found a record 62% supported the Affordable Care Act (Obamacare), while 24% were opposed. In March, this was 55-29 support. There is clear danger for Trump and Republicans in appointing a judge who may overturn Obamacare.

US employment growth slows

The September US jobs report was the last before the November 3 election. 661,000 jobs were created, and the unemployment rate dropped 0.5% to 7.9%. This was the first month with fewer than a million jobs added since the April nadir.

The unemployment rate has almost halved from April’s 14.7%. But the gain in September was mainly attributable to a 0.3% slide in the participation rate, to 61.4%. The employment population ratio - the percentage of eligible Americans who are employed - increased just 0.1% to 56.6%. It is 1.6% below where it was at the lowest point of the recovery from the global financial crisis (58.2%).

Trump may have undermined his relative advantage on the economy, compared to other issues, by withdrawing from negotiations with Democratic House Speaker Nancy Pelosi over a new stimulus bill. An article by analyst Nate Silver says stimulus spending was very popular: in a September Siena poll for The New York Times, voters supported a $US 2 trillion stimulus by a 72-23 margin.

Queensland YouGov: 52-48 to Labor

The Queensland election will be held on October 31. A YouGov poll, conducted September 24 to October 1 from a sample of 2,000, gave Labor a 52-48 lead, a four-point gain for Labor since the last such poll in June. A Queensland Newspoll, which is conducted by YouGov, gave the LNP a 51-49 lead in late July.

Primary votes were 37% Labor (up five since the June YouGov), 37% LNP (down one), 12% Greens (steady) and 9% One Nation (down three). Figures are from The Poll Bludger.

The overall shift in this poll is a 1% swing to Labor since the 2017 election. Regional breakdowns gave Labor a 57-43 lead in Brisbane (1% swing to the LNP), the LNP a 54-46 lead on the Gold and Sunshine Coasts (3% swing to Labor) and the LNP a 53-47 lead in regional Queensland (1% swing to the LNP).

57% (up eight) approved of Premier Annastacia Palaszczuk’s performance and 27% (down six) disapproved, for a net approval of +30, up 14 points. Opposition Leader Deb Frecklington had a net approval of -3, up six points. Palaszczuk led as better premier by 48-22 (44-23 in June).

The movement to Labor is likely a result of Queensland’s handling of coronavirus. But polls greatly overstated Labor’s Queensland performance at the 2019 federal election, although they were accurate at the 2017 Queensland state election.

New Zealand: latest poll has Labour short of majority

Last week’s Colmar Brunton New Zealand poll had Labour on 47%, National 33%, ACT 8% and the Greens 7%. If repeated at the October 17 election, Labour would win 59 of the 120 seats, two short of a majority. You can read more at my personal website.

Authors: Adrian Beaumont, Honorary Associate, School of Mathematics and Statistics, University of Melbourne

Read more https://theconversation.com/biden-increases-lead-after-debate-and-trumps-coronavirus-labor-gains-queensland-lead-147457

Business News

Insulation Solutions for Meeting Modern Industrial Standards

As global energy costs soar and environmental regulations tighten, industries face unprecedented pressure to optimise their operations while minimising their ecological footprint. Modern industrial ...

Daily Bulletin - avatar Daily Bulletin

How Australian Startups Should Responsibly Collect, Use and Store Customer Data?

Owing to the digital landscape, data is the most important currency in the market. From giant e-commerce sharks to small businesses, every company is investing heavily to responsibly collect data an...

Daily Bulletin - avatar Daily Bulletin

Revolutionising Connections - The Power of Customer Engagement Software

As time goes by, customer expectations keep on rising ever so rapidly. Businesses that must keep pace will need future-ready tools to deliver connectedness at every touchpoint. Customer engagement a...

Daily Bulletin - avatar Daily Bulletin

LayBy Deals