Monday, November 05, 2012

Tuesday: Presidential Election

by Bill McBride on 11/05/2012 08:02:00 PM

The key event tomorrow is the US election.

Brad Plumer at the WaPo lists a number of projections: Pundit accountability: The official 2012 election prediction thread

Here are the electoral vote predictions from various modelers, political scientists and pundits from around the Internet. All predictions are as of Monday evening. And yes, this will be a fun thread to revisit the day after the election.
There is quite a range of predictions. As I've noted, my economic forecasts assume President Obama will be reelected.

Ezra Klein had a great piece today: Neither Obama nor Romney will turn America into a bleak hellscape
We’re at the end of a long and bitter election, and so perhaps it’s worth taking a deep breath and admitting something that typically doesn’t get said until one candidate or the other delivers his concession speech: America will survive either way. Which isn’t to say the policy differences between the candidates aren’t real, and large. They are. But it’s not the end-times showdown that the two sides often suggest.
• At 10:00 AM ET, the Job Openings and Labor Turnover Survey for September will be released by the BLS. The number of job openings has generally been trending up, and openings were up about 13% year-over-year compared to August 2011.