Seeing lots of commentary out there suggesting the economic fundamentals predict Obama should be losing. It’s not true:
[W]ithout any dramatic trend the resulting balance of economic indicators is favorable for Obama, though not strongly so. This is, in part, why the forecasting model that Lynn Vavreck, Seth Hill, and I helped develop for Wonkblog, suggested Obama would win. Lynn and I reach the same conclusion with a elaborated forecasting exercise in “The Hand You’re Dealt.” This is, in part, why forecasts that build in economic indicators—as at 538 and Votamatic—suggest the same. And yet people still think Obama should be losing because of the economy. That is simply not the case. The state of the economy does not guarantee him victory but neither does it presage defeat.
