2016年10月11日星期二

Tuesday Morning Briefing: Clinton's boogeyman isn't Trump, it's turnout

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Reuters
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Digit of the day: 6 percentage points

 

That's the lead that Hillary Clinton has in the popular vote polls, according to fivethirtyeight's "polls-only" forecast. It's her widest lead since August 14. But because there's only 29 days until the election, that implies a higher win probability than an 8 point lead in August. It would be a little bit like the Los Angeles Dodgers going into the eighth inning with a 1 run lead and Kenley Jansen fully rested and warmed up in the bullpen ready to pitch the ninth. He could blow the save, but he probably won't.

That's kind of where Hillary Clinton is approaching in this election. But Clinton may have less to fear from Donald Trump than the turnout of her own supporters. Opinion polls show that many voters are backing Clinton primarily to stop Donald Trump, the Republican nominee, from getting into the White House. If they believe he has no hope of winning, then what would their motivation be to turn up at the polls?

Quote of the day

"Turnout is correlated with levels of competition. The higher the competition, the higher the turnout."

-- Michael McDonald, a political science professor at the University of Florida.

Reuters has much more election coverage for you:

And remember to follow all the election action on Reuters' live blog.


Maybe I could go through his legs…

A riot policeman attempts to detain a demonstrator during a protest march by Mapuche Indian activists against Columbus Day in downtown Santiago, Chile, Oct. 10, 2016. REUTERS/Ivan Alvarado


Around Wall Street

  • Samsung scrapped sales and production of it spontaneously-combusting Galaxy Note 7 smartphones. Investors responded by wiping nearly $20 billion off the company's market cap.
  • Igor Sechin, Russia's most influential oil executive and the head of state-controlled energy giant Rosneft, said his company will not cap oil production as part of a possible agreement with OPEC.
  • Global energy efficiency, or the amount of gross domestic product squeezed from a given unit of energy, improved by 1.8 percent last year, according to the International Energy Agency. Despite progress last year, global energy efficiency needs to improve by at least 2.6 percent a year to put the world on track to meet targets to move away from fossil fuels.

Around the world

  • Russian President Vladimir Putin to French President Francois Hollande: If all you want to talk about is Syria, I'm not coming to Paris.
  • In barely four years, a little-known criminal gang has grown to challenge the world's most notorious drug lord, Joaquin "El Chapo" Guzman (currently in prison), for domination of the Mexican underworld, unleashing a new tide of violence. Once minions of Guzman's Sinaloa Cartel, the Jalisco New Generation Cartel have turned on their former masters, seizing territory and buying off thousands of corrupt police. For a comprehensive view of the drug war, check out this recent episode of the War College podcast.
  • Beijing police blocked off streets near a major military building, as hundreds of people wearing green camouflage uniforms chanted and waved national flags to protest against cuts in the military. China wants to cut troop levels by 300,000 in order to spend more on high-tech weapons for its navy and air force.

Around the country

  • Hurricane Matthew may have blown out to sea, but the flood waters it caused in North Carolina are rising. Eleven people have died in North Carolina so far and hundreds of people were being rescued by boat and helicopter. President Barack Obama declared a state of emergency in the area. Meanwhile, the United Nations appealed for $119 million help 750,000 people in southwestern Haiti who were swamped by Matthew. Haiti started burying some of its dead in mass graves in the wake of the storm, a government official said on Sunday, as cholera spread in the devastated southwest and the death toll from the storm rose to 1,000 people.
  • A 26-year-old man accused of shooting to death two police officers in Palm Springs, California, is a convicted felon who was barred from owning a gun, which has prompted an investigation into how he acquired the firearm.
  • Chicago's schools and the city's teachers union agreed to a contract proposal, averting a strike in the third-largest public school system in the country. The four-year agreement, which the Chicago Teachers Union (CTU) will recommend to its 28,000 members, includes provisions on pensions, classroom sizes and layoffs, Chicago Teachers Union President Karen Lewis said. Chicago Mayor Rahm Emanuel said, "Chicago Public Schools finances will be stronger, and on firmer ground, because of this agreement."

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