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State of the Economy a Benefit to Romney Campaign?
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FBN’s Gerri Willis on the state of the economy and its impact on the Presidential election.
- Duration 2:35
- Date Aug 23, 2012
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FBN’s Gerri Willis on the state of the economy and its impact on the Presidential election.
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Idea let -- college that -- of American politics.
Well -- mean that you and I don't elect the president we elect electors.
And they do that.
And that means that sometimes the popular vote goes one way and the -- -- college it goes a completely different way.
Remember 2000 George W.
Bush won the Electoral College but Al Gore received more popular votes about 5544000.
More than Mr.
Bush.
In this election polls show a tight race but a new analysis that focused strictly on the Electoral College shows Mitt Romney were running away with -- The analysis was conducted by two University of Colorado professors Ken -- and Michael -- And has successfully chosen every US president since 1980 that's right.
The preference professors model stresses the economy state and national jobless figures as well then com and on both scores the president's record has come up short.
Despite emerging from a recession two years ago now unemployment is we talked about many times has stayed about 8% for 42.
Months.
Income figures there and they make to take a look at this a pew survey released just this week.
Shows middle class incomes have fallen for -- nearly 73002.
Just 70000.
In 2010.
Worse median net and medium.
Median net worth for the middle class is -- dramatically.
Down 28% in the same period erasing two decades of gains.
The professors believe those kinds of numbers impact the major parties in a different way.
Voters hold Democrats more responsible for unemployment rates while Republicans are held more responsible for income numbers.
Now that distinction may not matter that much this time around because both numbers are paltry.
What's more Obama faces the headwinds -- history no president since FDR has been reelected when unemployment is above 8%.
Right here's the pay -- the map your electoral -- as these two professors see at.
270.
Is the magic number whoever crosses that line winds.
But Ronnie trounce is Obama winning 320.
Electoral votes to Obama's 218.
Ronnie takes every single swing state including.
Florida Pennsylvania Ohio.
Nikita -- winning as the economy and it doesn't look like it's going to improve much before Election Day.
In fact economists say could get worse.
In order for Obama to win according to the -- very model unemployment would have to -- be down at least five point 6%.
And unfortunately for millions of out of work Americans African -- happen any time.