10/29/2004

"Nearly Every Single Model Has Him Winning"

Labor Memo Suggests Bush to Win Election is the title of the article at Newsday.com.

Labor Department staff, analyzing statistics from private economists, report in an internal memo that President Bush is likely to do "much better" in Tuesday's election than the polls are predicting.

Of course the Kerry campaign is complaining.

Kerry's campaign contended the Bush administration was wasting taxpayers' money:
"If the Bush administration focused more on the economy and less on politics, George Bush would not be the first president in 70 years to lose jobs," said Kerry campaign spokesman Phil Singer. "George Bush has turned the government into his own taxpayer-funded political machine."

**NOTE: BWWWWWWAAAAAAAAHHHHHHHHAAAAAHAAAAA
is there any human being alive that can really take these guys seriously??


The document also includes a Washington Post story, an article from Monster.com and charts and briefs on the latest economic indicators.

One factor in the election that has been "downplayed is the president's popularity," a variable the report says may be important. "Fortunately, there are models (that) incorporate this concept," it says.

The economic models are not infallible, but they do "systematically measure past data, which is a far cry better than relying on anecdotal evidence," the paper says. The models looked at an array of economic indicators, including gross domestic product, unemployment and inflation.

The analysis also discusses a futures market that lets players bid on a probable election outcome. It also checked Web sites of oddsmakers in America and abroad.


Okay - bets are now open...I'm putting all of my chips on the spot marked "GWB"

DR