Were are within a year of the primaries.
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With an approval rating in the low-to-mid 40s — and, perhaps more importantly, a disapproval rating consistently over 50% — it would be easy to say that President Trump is an underdog for reelection.The president won only narrowly in 2016 and did so while losing the national popular vote, making his national coalition precarious. He has done little to appeal to people who did not vote for him, and a Democrat who can consolidate the votes of Trump disapprovers should be able to oust him unless the president can improve his approval numbers in a way he has demonstrably failed to do in the first half of his term.
At the same time, the president’s base-first strategy could again deliver him the White House, thanks in large part to his strength in the nation’s one remaining true swing region, the Midwest. He’s an incumbent, and incumbents are historically harder to defeat (although it may be that incumbency means less up and down the ticket in an era defined by party polarization). Still, Crystal Ball Senior Columnist Alan Abramowitz’s well-regarded presidential “Time for Change” model, which projects the two-party presidential vote, currently projects Trump with 51.4% of the vote based on the most recent measures of presidential approval and quarterly GDP growth (the model’s official projection is based off those figures in the summer of 2020). Arguably, the state of the economy is the most important factor: If perceptions of its strength remain decent, the president could win another term. If there is a recession, his odds likely drop precipitously. Meanwhile, it’s not a given that the Democratic nominee can consolidate the votes of Trump disapprovers, particularly if a third party candidate (Howard Schultz?) eats into the anti-Trump vote.
As it stands, the state of the economy next year remains unknowable, as does the identity of Trump’s challenger (Trump himself remains very likely to be the GOP nominee, although there’s always the possibility that someone else may ultimately be the candidate). So what’s there to say about the Electoral College right now?