Obama is Killing It on Intrade

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Is the release of Mitt Romney’s secret fundraising video likely to affect the race much? Conventional journalistic wisdom says yes. Conventional political science wisdom says no. I don’t have any wisdom of my own, but here’s a single data point to toss into the pot. The chart below shows the Intrade trend over the past couple of weeks, and so far it appears that the video is having about the same effect as Romney’s flub after the Cairo attacks. The Cairo gaffe sent Obama’s odds of winning from 58% to 67% over the course of a week, and the secret video is on a similar track, boosting Obama from 67% to 69% in a couple of days. Take it for what it’s worth.

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DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily bluster—Mother Jones' journalism is driven by one simple question: Will America move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

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