We introduce
a new weekly feature, the “SaturData Review,” which updates key political
indicators and highlights other pertinent info from the week.
Donald Trump took a rare detour from the spotlight this
week, as the news was dominated primarily by the Roy Moore and Al Franken fiascos. Second billing was split between the House, in
passing its version of a tax cut bill, and Jeff Sessions, who seemed to be
everywhere – offering dubious testimony on Capitol Hill, surfacing as one of
the many bad options to keep Moore out of the Senate (as a potential write-in),
and trying to pacify Trump in his call for a special counsel investigation into
various Clinton-related matters.
While the post-Weinstein era ripped through politics, Trump’s
approval rating remained below the 40% mark with his “net” still at a whopping
-22; the Democrats continued to hold an enormous advantage in the “generic
ballot” (in the wake of a very successful off-off-year Election Day); and
leading economic indicators remained strong, with the "Trumpometer" still showing that these indicators are, on average, 15% better than on the day of Trump's Inauguration.
SaturData Review
|
Week ending Nov 18
|
Week ending Nov 11
|
Change
|
Trump Approval
|
39%
|
39%
|
0 pp
|
Trump Disapproval
|
57%
|
57%
|
0 pp
|
Trump Net Approval
|
-22 pp
|
-22 pp
|
0 pp
|
|
|
|
|
Generic Ballot Dem -
Rep
|
44/34 = 10
|
44/33 = 11
|
-1 pp
|
|
|
|
|
Trumpometer
|
+15%
|
+15%
|
0%
|
Unemployment Rate
|
4.1
|
4.1
|
0%
|
Consumer Confidence
|
126
|
126
|
0%
|
Price of Gas
|
2.71
|
2.67
|
1%
|
Dow-Jones
|
23,358
|
23,377
|
0%
|
Most recent GDP (quarterly)
|
3.0
|
3.0
|
0%
|
The economic news is a plus for Trump, but the rest of the scoreboard
is a disaster for the GOP with the mid-terms a year away. For the GOP to hold onto the House, they will
have to overcome anemic ratings, and hope the economy hangs on, while passing a
tax “reform” bill that offers no long-term tax relief for the middle class,
strips 13 million Americans of their health insurance, fills the coffers of
corporate America, adds $1.5 trillion to the deficit, and is not backed by an
economic forecast – by anyone -- that says that deficit bite will be offset
through incremental GDP growth. Whew!
So the standard tracking information was largely
unchanged. But there was one big piece
of data that did change this week, and
it is Roy Moore’s standing in Alabama.
Never a terribly strong candidate, Moore’s prospects for victory in the special
election for the Senate seat vacated last January by, yes, Jeff Sessions,
plummeted in the wake of scandal. There
are now nine women who have come forward with various charges against Moore, ranging
from extreme creepiness to outright sexual assault on a minor, all occurring when
they were teenagers and he was a 30+ year old serial-teen-dater.
This is still a close race, but the trajectory of the race
after the revelations is unmistakable. Moore
swiftly lost a 9-point lead (on average) and the race is now basically a dead
heat, with evidence that Democratic candidate Doug Jones’ slim margin will
increase in time.
Alabama
Senate
|
Pre-Allegations
|
Post-Allegations
|
Moore
|
49
|
45
|
Jones
|
40
|
47
|
Margin
|
9
|
-2
|
The GOP at the state level is standing behind Moore, but
the national party has thrown him under the bus, and is looking at every
conceivable option to prevent him from ever serving. Mitch McConnell is showing creativity not
seen since, well, the health care debacle (one idea that is under review:
asking Luther Strange, who replaced Sessions as the interim Senator, to resign, now, so that a different
special election can occur).
The
implications of a Jones win are massive, from posing a huge risk to the GOP Senate’s ability
to pass their version of the tax cut (or a conference version that reconciles their bill, if one passes, with the House version), to holding onto the Senate in 2018, which had seemed a
given. The Dems now have a path to a
majority, and while it may be a very difficult one, that is an upgrade from the near impossible
odds they faced before Moore imploded.
As for Trump, he came back into view at week’s end with a full-scale
attack on Franken, while avoiding any mention of Moore. This, of course, is having the predictable
effect of reopening the door on Trump’s own rampant history of sexual assault,
and giving new life to the infamous Access Hollywood tapes. Trump avoided the worst when these
revelations first came up in the campaign, but in the post-Weinstein era, can
he escape again? We’ll see what next
week brings.
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