Nate Silver

@NateSilver538 ↗

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Last Checked Dec. 30, 2020

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Mon Jul 20 17:23:40 +0000 2020

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Nate Silver @NateSilver538

And that assumes you know what economic conditions will look like in November, which in July you don't. This year in particular, we estimate that economic uncertainty is 2-3x higher than usual. — PolitiTweet.org

Posted July 20, 2020 Hibernated

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Nate Silver @NateSilver538

These variables explain about 30% of the variance election outcomes, which means there's 70% that they don't explain. That seems fairly realistic to me. And the average error is around 4 points of the incumbent party's vote *share*, which is around 8 points of vote *margin*. — PolitiTweet.org

Posted July 20, 2020 Hibernated

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Nate Silver @NateSilver538

So while I'm a fan of using an economic prior in your presidential model (we do so in ours) it requires a fairly light touch. It might gently nudge the outcome from the current position in the polls, but it probably shouldn't do more than that. — PolitiTweet.org

Posted July 20, 2020 Hibernated