Tuesday, December 17, 2019

The Democratic Horse Race, Take Nine

Pour out a little malt liquor for Kamala Harris, Beto O'Rourke, Tim Ryan, Joe Sestak, Wayne Messam and Steve Bullock. Unfortunately, we also have to say hello to Mike Bloomberg and Deval Patrick.

 last updated my rankings of the Democratic Field on October 22nd. The news since then has been dominated by the impending impeachment of President Trump. But a lot has happened in the primary field too. In those eight weeks six candidates have dropped out. Perhaps more incredibly, two joined the field.  So the field of 19 has dwindled slightly to fifteen.

I. POLLING DATA (Based on the Real Clear Politics Average)

In the polls, Joe Biden has maintained a steady and significant lead. Warren has slipped from 2nd place to 3rd, losing about 1/3 of her support in the RCP average. Bernie's support has been steady enough to pass Warren, despite a small dip in her nominaal support. 

Only one of the six recent dropouts has significant polling support. Kamala Harris was in 5th place two months ago with 5.3 percent. That's is nearly identical to the 5.4 percent that Michael Bloomberg now.

II. The Horse Race (Take Eight).
In my last update I moved Elizabeth Warren up to the top spot. I regret that. She was on a good run but once she tried to tack back towards the center by hedging on her commitment to Medicare for All, that bubble burst.  She seems to be caught between the progressive wing which still prefers Bernie and the larger more centrist block of the party.  (Biden, Buttigieg, Bloomberg, Booker and Klobuchar currently have about 42 percent support. Sanders and Warren about 34 percent.)


Without further ado, here are the updated rankings:

A. The Top Tier (The Front Runners).
1. Joe Biden (up from 2)
He has always been the favorite and I should have stayed with him all the way through. But age is a real vulnerability here, so I can't call him the prohibitive favorite just yet.

2. Elzabeth Warren (Down from 1)
She is popular but her shtick seems to have worn thin early. And there is no sign of Bernie relenting or his followers breaking with him. 

In my last post, only Bernie and Warren were listed in the top tier. But I think the next two candidates have shown enough consistency to deserve being included with them.

3. Bernie Sanders 
His base is large and committed.  He will not quit a minute sooner than he has to, especially if a moderate is in front of him.  

4. Pete Buttigieg
He needs to win Iowa. That is a real possibility. But if he does, he probably fades in NH and I don't see him doing much in SC or NV.

B.  Tier Two (The Alternatives).
5.  Amy Klobuchar (Up from 7)

Hear me out. She has seen an uptick in her polling and outlasted a couple early contenders (Beto O'Rourke and Kamala Harris).  She also seems generally acceptable to most wings of the party.  If she can pull off a strong finish in Iowa, she will have to be considered a top tier contender.  And if things go haywire, she might be the compromise candidate that everyone can live with. 

6.  Mike Bloomberg (Unranked)
There are three things to remember about Mike Bloomberg-he's rich, he's ambitious and he's obsessed with data.  He would not be spending the obscene amounts of money that he is spending if he didn't think he could get a practical return on the spending. That return could come in the form of the nomination but I think it is more likely that he wants to steer the conversation away from genuinely left-wing ideas like Medicare for all and towards more pragmatic concerns like reducing carbon emissions and restoring American's alliances. 

I wish him well....to a point.  If I could wave a magic want and make him the president, the country would be in good hands. But he has singular political downsides ind the general election.  (He is Jewish. He is unmarried. He is synonmous with government overreach in both the nanny state and the police state realms.)  But I also believe that he will spend his money wisely and absorb delegates beyond what his vote percentage would rate.  If he has a few hundred delegates, then he might be able to push the nomination to someone like Klobuchar or Biden as needed.

Tier Three (Long Shots)
7.  Cory Booker (Down from 6)
 Not making the debate stage hurts. He also failed to make the Vermont ballot, which suggests that he is having to conserve his resources.  (Vermont doesn't have many delegates and Bernie will probably win most of them no matter what.)

8. Michael Bennet  (Up from 10)
He may have hurt his chances for becoming president by running.  He is exactly the kind of moderate, mains stream purple-state candidate that someone like Bloomberg might have pushed for. But getting crushed in New Hampshire will make him look unpopular.

9.  Julian Castro.  His polling is dreadful.  But he seems t0o stubborn to drop out. A for effort, I guess.

10. John Delanay.  (Up from 12)

Yep. He's still running. He also failed to make the VT ballot, which is inexcusable given the fact that he has a lot of money to spend and running for president has been his full-time job for over 2 years. 

11. Deval Patrick.  (Unranked)
I figure he thought that if he didn't at least try to run, he would always wonder "what if?"  Well it looks like he spared himself that one.

Tier Four Novelty Candidates.

12. Andrew Yang (13)
13. Tom Steyer (15))  Now the 2nd richest billionaire in the race.
14. Tulsi Gabbard
15. Marianne Williamson (17)

III. The Power Rankings, Take Nine.
These are just my personal preferences among the remaining candidates.
1.  Amy Klobuchar
2.   Michael Bennet (Up from 4)  
3.  Pete Buttigieg 
4. Joe Biden (Up from 9)
5.  Elizabeth Warren (Down from 4)
6.  Julian Castro (Up from 8)
7. Cory Booker (Up from 10)
8. John Delaney (Down from 11)
9. Bernie Sanders (Up from 14)
10. Tom Steyer (Up from 17
11.  Deval Patrick (Unranked)
12.  Michael Bloomberg (Unranked) 
13 Andrew Yang  (Up from 16)
14.   Marianne Williamson (Up from 18)
15.   Tulsi Gabbard  (Up from 19)