The Ninth Debate.

The ninth debate of the Democratic party was held in Las Vegas last night. It was much more lively and eventful than the prior eight, because five of the candidates had a common target-the short fellow down at the end of the line.  They did not shirk from their mission to destroy him and they largely succeeded. Quick impressions:

I. Helped Their Cause.

1. Elizabeth Warren.  Her best debate. All those committee sessions where she eviscerates banking execs were good preparation for getting Bloomberg on the hook and reeling him in. The stuff on the non-disclosure agreements was devastating.  He now has two choices-let those women out of their non-disclosure agreements or give up on being the Democratic nominee.  This is probably a false choice because I suspect the contents of those non-disclosure agreements would also foreclose him from being the nominee.  

Warren also got in good digs at other candidates, and deftly got in a moment of diplomacy when Pete when after Klobuchar.  If there are any soft Bernie supporters, they are probably giving Warren a second look.  Grade: A.

2. Joe Biden.  His best debate so far. He obviously knows that he's now a long shot and he was able to make his strongest points pretty effectively. He also stayed around to do post-debate interviews, something that he should have done even when he was a front-runner.  Most of all he benefits by the attacks on Bloomberg.  If Bloomberg goes down in the polls, Biden should be the beneficiary.  Grade: B+.

II.  Neither Helped Nor Hurt.

3. Pete Buttigieg.  He usually does well in these debates and he didn't have any terrible moments last night. But he spent most of his time going after Klobuchar, who isn't a front-runner. I think his campaign peaked in Iowa but if Bloomberg and Biden both flounder, he can stay around and gather some delegates.  It's not like he has anything better to do with his time.  Grade: B.

4.  Amy Klobuchar.  For the first time, she was a target of significant incoming fire. That's what happens when you exceed the polls a couple times. She was prepared for the question about the Mexican president, of course but I don't think she came across as warm and prepared as she did at the New Hampshire debate.  She regressed to the mean, which is understandable. But she needs to finish February strong or she will not be around much beyond Super Tuesday.  Grade: B.

III.  Hurt His Case.

5. Bernie Sanders.  The rest of this field has been hesitant to really go after Bernie becuase they all worry about alienating his base. But he's the front-runner now and he took at least some hits last night. He made his same ponderous "policy" points as he always does but he looked petty when responding to Bloomberg's attacks about being a millionaire with three homes by pretending this was a common thing in Vermont. 

He is likely to end the primaries with a plurality of delegates. Last nigth he made the statement that the candidate who should gets the most votes should be the nominee.  That sounds like a prety straight-forward and even obvious principle....if you forget 2016.

The last Democratic primary was held on June14th, 2016.  When it was over, Hillary Clinton had 3.7 million more votes than Bernie Sanders. She had won 54 percent of the pledged delegates. She won, fair and square.  But it took Bernie over a month to endorse her and he talked openly about trying to persuade Super Delegates to change their votes.  Now that the math is shaping up the other way, he has had a convenient change of principles.

This will hurt him, at some point. Unless of course, he runs away with the primaries and wins an outright majority of delegates. Given how fractured and mediocre his opponents looked last night, he should think this is a reasonable goal. Grade: C+.

IV.  A Monkey Trying to Fuck a Football Bat.

6. Michael Bloomberg.  Money can not buy you a personality and it can not buy a thick skin. Bloomberg was unprepared, ill-tempered and out of his league.  He pays his people a lot of money and somehow they convinced him that "The NDAs were consensual" is a sufficient defense to why he is keeping some untold number of actions for workplace harassment and discrimination secret.

There is another debate next week.  If he is really serious about being the nominee he needs to spend the whole week preparing for it, including interviews with some unfriendly outlets.  Two performances like this in a row, and he might as well turn off the cash spigots. 

I don't think Bloomberg will be the nominee. The question becomes, will he really spend a billion dollars supporting any of the people who unmaked him on that stage last night?  I don't see him doing it for Bernie or Warren. But maybe he's a bigger man than he showed last night.

Grade: F.

On to Cincinnati, I mean New Hampshire. And Then to Milwaukee.

The Iowa Caucus was both very, very close and riddled with administrative incompetence.  That is not a good way to start the election. I will begin my analysis by quoting Bernie Sanders:

"[W]hat happened Monday night at the Democratic caucuses was a debacle, period. The results were too close not to do a complete audit. This is not a — this is not, like, a winner-take-all thing. I think where we now stand... you have 22 delegates, I have 20 delegates. We need 2,500 delegates to win the nomination. You know, so this is not this is not the biggest deal in the world."

To clarify, that quote from Bernie Sanders was on February 4, 2016 during the Post-Iowa, Pre-New Hampshire debate. The 2016 Iowa caucus was basically a tie and so was the 2020 Iowa caucus. The screw up with the app and the delay in announcing results was bad in the moment but it will be forgotten soon enough. (Although I hope the Democratic party remember it when slating the next primary calendar. Iowa needs to go to the back of the line.)

I. Iowa Results.

The results are pretty muddled.  I will discuss each candidate with some reference to my predictions in the last post. 

1. Pete Buttigieg (26.2%, 13 or 14 delegates).

Buttigieg had a good night, finishing in a de-facto tie with Bernie Sanders. That's good for him, because a poor result in Iowa would have been fatal to his candidacy. He "won" to fight another day at least, and there is some evidence of an uptick in his New Hampshire numbers.  But I don't think he's going to have a long and deep run. His victory speech in Iowa rubbed people the wrong way, but he needed to do it because his fund raising has been sluggish.

I predicted he'd come 3rd with 17%, so a win/tie at 26 is a very good result.

2. Bernie Sanders (26.1% 12 or 13 delegates).

He did fine. He can make an honest claim of winning the raw vote, and in a virtual tie for delegates. His campaign did well at the satellite locations and turned out enough people to (almost) win. But turnout was lower than expected and the base theory of his campaign is that he is capable of turning out young and infrequent voters. Four years ago about 85,000 people turned up to caucus for him. This week, only about 26,000 chose him among a much larger field. Perhaps more troubling is that he didn't seem to gain a lot of voters between the 1st and 2nd rounds of voting, where Biden/Klobuchar and Warren voters gravitated towards Buttigieg, giving him the delegate lead.

I predicted he would win with 28%, so a very close 2nd with 26% is mildly disappointing. But he should win New Hampshire and the poor showing by Biden has pushed him into the lead of the betting markets.

3. Elizabeth Warren (18%, 8 delegates).

The good news is that she did better than her polling predicted. But she was pretty far off the lead and Bernie Sanders seems to be the clear choice of the progressive wing of the party. This is an adequate result for her and she will probably stick around past the early primaries.

I predicted she would be 4th with 14%, so she exceeded that.

4. Joe Biden (15.8%, 6 delegates).

He shit the bed. Iowa was not great for him demographically but he also failed to execute a good ground game, and that led to him underperforming. At the moment, he looks weak. And there's not much reason to think that New Hampshire will be much better for him.  He is going to stick around and make his stand in South Carolina. But he needs a stronger result in New Hampshire than this. 

I predicted he would be 2nd with 23%, so this is a very bad result.

5. Amy Klobuchar (12.3%, 1 delegate).

This was an adequate result. She was the first to take the podium on caucus night, taking advantage of the lack of results to claim that she had finished strong and was ready to move on to New Hampshire with momentum. She also won a delegate, which is significant because it gives her a guaranteed spot in the Nevada debate.

She also should be heartened by the Biden number. If Biden slips, Klobuchar could stand to gain a lot of his voters. Last night's debate in New Hampshire went very well for her and she was the overwhelming favorite of the "undecided" voters in the various TV audiences. Her campaign raised over a million dollars in just a few hours after the debate. If she can move up at all in NH, then she is probably going to stay in until at least Super Tuesday.

I predicted that she would be 5th with 12%, so I pretty much nailed that.

And for the non-delegate candidates:

These two chumps tried to compete in Iowa and came away with nothing for their efforts.

6. Andrew Yang 1%, Hardly surprising but still gratifying to see.

7. Tom Steyer 0.3%  Embarrassing.

The Non-Iowa candidates.

Four of the remaining 11 candidates decided to mostly skip Iowa in order to concentrate on New Hampshire, or in Bloomberg's case, the Super Tuesday States. 

8. Tulsi Gabbard   A grand total of 334 people turned up to caucus for her. That is 0.2%, which is 0.2% more than she deserved.

9. Michael Bloomberg 

10. Michael Bennet 

11, Deval Patrick

II. New Hampsire Predictions.

Bernie winning seems to be the only sure thing here.  The post-Iowa polls suggest that Bernie will win and Pete will come second. That would be the traditional revers of the Iowa result, but I think the margin should be significant.  In fact I think Pete is more likely to finish 3rd than to win.

The hardest candidate to hadicap is Biden. New Hampshire loves to reject the Iowa winner, so maybe he will bounce up to 2nd. But he also looks weak and feels vulnerable. Another 4th place finish would be a disaster. If he does fnish 4th (or 5th) it will be interesting to see where his voters go-to Buttigieg, Klobuchar or Warren. 

Without further ado, here is the official prediction for New Hampshire.

1. Bernie Sanders 28%.

2. Joe Biden 20%

3. Pete Buttigieg 16%

4. Elizabeth Warren 14%

5. Amy Klobuchar 11%

6. Yang 4%

7. Steyer 3%

8. Gabbard 2%

8. Patrick 1%

10. Bennet 0.3%

How to judge the results of each serious candidate:

• CANDIDATE                                    GOOD     ADEQUATE  BAD
• SANDERS                                          WIN            2ND             3RD
• BIDEN                                              2ND            3RD             4TH
• BUTTIGIEG                                      2ND            3RD             4TH
• WARREN                                          3RD            4TH              5TH
• KLOBUCHAR                                    3RD            4TH              5TH

*If anyone else finishes in the top 5, then the candidates they beat will probably have to drop out.

III.  Someone Has to Win This Thing.

Before Iowa, Joe Biden was the consensus front-runner. That is no longer the case. So far the race has been more like two separate races for the wings of the party. On the left, Bernie Sanders has solidified his base and has a clear lead over Elizabeth Warren.  In the center, Biden has faltered, with Buttigieg and Klobuchare both exceeding early expectations. And Michael Bloomberg is waiting in the wings to further confuse that end of the pool.

I think there are four likely outcomes to this race:  

1. Bernie Sanders wins a narrow majority after a potracted primary race. (40% chance)

2. The primaries end with no candidate having obtained a majority. (30% chance)

3.  Joe Biden consolidates the center and wins a majority of delegates. (25% chance)

4.  Pete Buttigieg and Michael Bloomberg win a combined majority of delegates and run on the same ticket (5%)

I hate that this gives short shrift to Elizabeth Warren. Maybe she can surprisse in New Hampshire and knock some of the smaller candidates out of the race early. If it becomes a head to head race between Sanders and Warren, some moderates will rally to her. But I don't think it's going to happen. But I have a hard time seeing her cobble together a delegate majority. Bernie owns all the real estate to her left and there are several viable options to her right.  I don't think this is her year.

Scenario number two is most interesting.  The current projections on 538.com have Bernie winning almost 42% of the delegates and Joe Biden winning 25%.  Buttigies and Warren each winning about 11% and Bloomberg winning about 9%. (These numbers will change wildly if any of the top candidates drop out before Super Tuesday.)

The easiest mathematical solution is a Sanders-Warren ticket. But there is a huge problem with that ticket. Both Vermont and Massachussets have Republican governors. If that ticket wins, it will immediately cost the Democratic party two senate seats.  In Massachussets, the interim senator will sit for about 100 days. In Vermont for up to six months.  Even if the Democrats win both special elections, the Warren-Sanders administration will be handicapped for the "First 100 days" of its term.  The party will not want to sign on to that.

So if that ticket doesn't happen, what does the party do?  If Bernie is very close to 50% of the delegates, he can probably pull it off. But if he is 300 or 400 delegates short, the party will be torn between rallying to him and pissing off his base. The only thing we know for sure, is that Bernie will fight to the last possible moment, just as he did in 2016. 

The Party regulars will not want to give it to Bernie for a variety of reasons. The simplest being that he is not a Democrat and he cares nothing about the party as an institution. That is alienating, and for good reason. (Imagine running for president of the local Ozzy Osbourne fan club with a platform of, "I don't care for Black Sabbath.")

If Biden has a plurality of the delegates, he will probably be the nominee. He can offer Veep to Klobuchar, who might control 50 or 100 delegates and who is well-liked by the establishment. And Buttigieg might realize that his future is long and bright so long as he doens't rock the boat. Bloomberg would also be fine with a Biden-Klobuchar ticket. So I think that's an easy sell.

But if the number really look like Nate Silver's forecast, the party might need to turn to a compromise candidate. It would be a huge risk to run an unvetted candidate, but let's consider some of the options.

Some of the best choices have probably taken themselves out of the running by having run in this race on their own.  Imagine a world in which the Democratic party needed to win with an unknown face who could do well in the Midwest, had no obvious diaqualifying qualities and appealed to most of the Democratic base?  Amy Klobuchar, Kamala Harris and Deval Partick all fit that description on paper. But ti would be hard for the party to foist a candidate on the general public who had been rejected by the voters.

Other possiblities:

1. Sherrod Brown.  This would cost the party a senate seate for 2 full years but he has a foot in both worlds of the party and he might make Ohio competitive. He's probably the best option in this scenario, if only because the decison to not run in this verkhata primary makes him look 10 IQ points smarter.

2. Stacey Abrams.  The party faithful will embrace her. But running a black woman whose highest electoral win is a state legislture race is very, very risky. Definitely on the VP short list though.

3. Tom Wolf.  Let me save you a Google.  He is the governor of Pennsyvlania. He's sane, sober and popular in one of the most important swing states.  He's also both bald and bland, so he won't excite anyone.  But he has to be considered.

4. Chris Murphy.  He doesn't put any swing states in play but he's young and handsome and moderate. His very public advocacy of gun control would help him with surubabn women but would also hurt him in some of the swing states that the Dems need to win back. He is viable.

5. Tammy Baldwin.  On the one hand, she is a popular senator twice elected in the 2016 tipping poin state of Wisconsin. On the other, she is lesbian and some people will think that's risky. She is also unmarried and childless, which I do believe are impediments to national candidates.

IV. The Old Metrics.

This is the 12th post I've done on the Democratic field, so I might as well update my usual standings.  There have been changes, after all.

A. The Horse Race, Take 12

The Top Tier (Front-Runners)

1. Bernie Sanders (up from 2)

2. Joe Biden (Down from 1)

3. Pete Buttigieg (Up from 5)

4. Mike Bloomberg

Tier Two (The Alternatives)

5. Elizabeh Warren (Down from 4)  This just does not seem to be her year. But if she does well in NH, I will happily put her back in the top tier.

6. Amy Klobuchar.

She has qualified for every debate stage (sometimes just barely) and she won an delegate in Iowa (just barely.) But she needs to actually lap some people in NH.

Tier Three; The Novelty Candidates.

7.  Tom Steyer.  (Up from 10)  He's the rich weirdo.

8. Andrew Yang (Up from 9) He's the amiable weirdo.

9. Tulsi Gabbard (Up from 11)  She's the malevlolent weirdo.

Tier Four: The Long Shots.

10. Deval Patrick (Down from 8)

11. Michael Bennet (Down from 7)

Note: I moved the Novelty Candidates ahead of the Long Shots. Now that we have some votes on the board, it's pretty obvious that Patrick and Bennet are not going to catch fire with the electorate. Steyer migth be committed to setting 20% of his fortune on fire, so he could hang around for awhiel.  Tulsi and Yang have never been serious about running for president, but it might serve their actual agenda to pretend to keep running for awhile.

B.  The Power Rankings, Take 11.

These are just my personal preferences among the remaining candidates.

1. Amy Klobuchar

2. Michael Bennet

3. Deval Patrick (Up from 7)

4. Joe Biden (Down from 3)

5. Pete Buttigieg (Down from 4)

6. Elizabeth Warren (Down from 5)

7. Michael Bloomberg (Up from 9)

8. Bernie Sanders (Down from 6)

9. Tome Steyer (Down from 8)

10. Andrew Yang

11. Tulsi Gabbard

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)