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6/17/24: Biden "wandering" video backfires, Trump dementia goes mainstream

6/17/24: Biden "wandering" video backfires, Trump dementia goes mainstream

Released Monday, 17th June 2024
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6/17/24: Biden "wandering" video backfires, Trump dementia goes mainstream

6/17/24: Biden "wandering" video backfires, Trump dementia goes mainstream

6/17/24: Biden "wandering" video backfires, Trump dementia goes mainstream

6/17/24: Biden "wandering" video backfires, Trump dementia goes mainstream

Monday, 17th June 2024
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Episode Transcript

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0:07

Welcome, everybody. Hope you had a good

0:09

weekend, a good Father's Day to those

0:12

who celebrated. We have

0:14

a major change to the

0:16

top 2024 election forecast. It's

0:20

the 538 election forecast and we're going to look at

0:22

it in a moment. And while the

0:24

change we have is major, we

0:27

also are very quickly going to learn

0:29

that you and I are not going

0:31

to be doing this every single day

0:33

from now until November, because the changes,

0:35

while monumental, also are a very limited

0:37

predictive value. So the news is that

0:39

after last week, 538 launched

0:41

their first 2024 presidential projection

0:44

forecast for this election. And

0:46

it had Joe Biden winning

0:49

by something like a 52 to 48. You

0:52

know, out of 100 simulations, Biden wins 52.

0:56

We now have a reversal in

0:59

which as of last night, it was

1:01

Trump, 51 Biden, 49, and it is

1:05

now Trump, 50 Biden, 49. Now

1:08

before we go further, you might say, hold on, that

1:11

doesn't add up to 100. Does that mean that there

1:13

might be some third party winner?

1:15

Does a third party candidate have a shot

1:17

at getting to 270 electoral votes? And

1:20

the answer is, of course, no, there is

1:22

a roughly one in 100 chance. It's

1:24

actually they say it's less than one in

1:27

100 that nobody gets to

1:29

270. There are a

1:31

couple of scenarios you can look at that

1:34

are 269 to 269. It's

1:37

not very likely all four of those

1:40

scenarios together represent less than 1 percent

1:42

of the totality of possible outcomes. So

1:44

what are the takeaways here? The

1:47

main takeaway, the primary takeaway

1:49

is, David, we're going to pat you on

1:52

the back, everybody, and give you an attaboy.

1:55

You've been saying I'm now I'm now

1:57

doing third person. I've been saying for

1:59

months.

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