The Myth of a Toss-Up Election

Except for a few days when the Gallup and Rasmussen tracking polls showed a tie, Barack Obama has led John McCain in every national poll in the past two months. Obama’s average margin has consistently been in the 4-6 point range during this time. By contrast, the polls in 2000 and 2004 showed much more variation over time. State polling results have also consistently given Obama the advantage. According to realclearpolitics.com, Obama is currently leading in 26 states and the District of Columbia with a total of 322 electoral votes; McCain is currently leading in 24 states with a total of 216 electoral votes. Obama is leading in every state carried by John Kerry in 2004 along with six states carried by George Bush: Iowa, New Mexico, Ohio, Indiana, Nevada and Colorado. A seventh Bush state, Virginia, is tied.

Obama is leading in 11 of the 12 swing states that were decided by a margin of five points or less in 2004 including five of the six that were carried by George Bush. And while Obama has a comfortable lead in every state that John Kerry won by a margin of more than five points in 2004, McCain is in a difficult battle in a number of states that Bush carried by a margin of more than five points including such solidly red states as Indiana, Montana, North Dakota, Virginia, and North Carolina.

And remember these June and July polls may well understate Obama’s eventual margin. Ronald Reagan did not capitalize on the huge structural advantage Republicans enjoyed in 1980 until after the party conventions and presidential debate. It took a while and a sufficient level of comfort with the challenger for anti-Carter votes to translate into support for Reagan. If Obama’s performance over the last eighteen months is any guide, a similar pattern could unfold in 2008.

A hopeful analysis in the face of media coverage that paints a precarious Obama lead, and today’s USA TODAY/Gallup poll with McCain actually ahead by 4%. Note, however, that with such a small sample size, the difference is within the margin of error, and the first article’s authors have a credible claim that McCain still faces a huge uphill battle despite any tightening of the polls. The inequity in fundraising alone would make a McCain win a huge historical upset. I think the big worry now is Obama support melting away come late September or October, as voters realign with the comfortable “old white dude” candidate. Barring any huge unforecastable political revelations / events, of course.