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Today's Polls: Obama Now Better Than 2:1 Favorite


Let's not equivocate too much here. Over the course of the past several
days, there has been a rather dramatic shift in this election toward
Barack Obama. Our trendline estimate, which is engineered to be fairly
conservative, registers the swing as equaling roughly 4 points over the
course of the past week.Changes of this velocity are unusual
outside of the convention periods and the debates, especially in close
elections. It took John McCain about 60 days and tens of millions of
advertising dollars to whittle Obama's lead down from
roughly 5 points at its peak in early June, to the 1-point lead that
Obama held heading into the conventions. Obama has swing the numbers
that much in barely a week.Of course, we never really were
entirely outside of gravitational field of the conventions, and
probably at least half of this bounceback for Obama is merely the
more-or-less inevitable consequence of McCain's convention bounce
ending. But the fact is that Obama is in a stronger position now than he was immediately before the conventions. We now have him winning the election 71.5 percent of the time, which is about as high as that number has been all year.There
are two reasons why that number is as high as it is. Firstly, we are
more than halfway through the penultimate month of the campaign, so
even relatively small leads are fairly meaningful. But secondly, Obama
has developed a structural advantage in the Electoral College that is
understated by the popular vote margin. If we break the election down
into its four fundamental scenarios, it looks like this:62.5% Obama wins Popular Vote and Electoral College0.7% Obama wins Popular Vote, loses Electoral College27.8% McCain wins Popular Vote and Electoral College9.0% McCain wins Popular Vote, loses Electoral College

is roughly a 63/37 favorite to win the popular vote -- numbers that
ought intuitively to look pretty reasonable for a candidate who holds a
2-point national lead fortysome days before the election. It's that 9
percent of the time he wins the Electoral College while losing the
popular vote that make his 2-point lead much more robust. If the states
maintain their positioning relative to one another -- and they may well
not -- Obama probably has about a 1-point cushion in which he'll remain
the favorite to win the Electoral College even while losing the popular
vote.Transitioning to the state-level picture:The set of Marist polls
out today are certainly good ones for Barack Obama, particularly as
both the Ohio and Pennsylvania numbers are several days old, taken
before Obama's Lehman Leap had really taken hold. However, they need to
be caveatted. The Marist polls do not have any particular partisan
lean; somewhat infamously, they at one point gave McCain a 2-point lead over Obama in New York. But they simply are not very reliable,
placing toward the bottom of our pollster ratings, and employing
relatively small sample sizes. Still, we can probably conclude that the
situation in Michigan looks quite good for Obama, and that Pennsylvania
now represents McCain's most important offensive state.Iowa, where SurveyUSA
gives Obama an 11-point lead, no longer appears to be in play. Three of
the last four polls have shown a double-digit Obama lead, making
yesterday's Big Ten poll, which showed a tie there, appear to be the
odd poll out. If the McCain campaign wants to continue to spend
resources in Iowa, a state where they have never led a single public
poll against Obama, they do so at their own peril.Indiana, where both Rasmussen and ARG
show a tight race, is one place where Obama appears to have gained
ground in the post-convention period, somewhat contradicting the trend
observed in other, traditionally red states. Although Obama can win
Indiana, I still doubt that it's going to be close enough to the
tipping point to warrant treatment as a first-tier swing state. (Could
he win Indiana while losing Ohio? Probably not. And if he wins Ohio, he
shouldn't need Indiana). With that said, no state in the country has a
greater disparity in ground game resources, the effects of which are
hard to measure. Obama will probably not win the election because of
Indiana, but on the off-chance that he does, McCain's decision to blow
off the state will instantly enter the Rudy Giuliani Memorial Electoral
Hall of Shame.The fly in Obama's ointment is in Maine,
where Ramsussen has Obama ahead by just 4 points. ARG's poll earlier
this week, which had his margin at 10, also showed a tightening race
there. Maine is an unusual state with a fair number of Perot
Independents. In terms of its political culture, it probably has more
in common with the Pacific Northwest -- another region where McCain's
numbers have improved slightly -- than with the rest of New England.There
is room for additional concern because Maine splits its electoral votes
by Congressional District, and there is some thought that rural ME-2
may take well to Sarah Palin. However, ME-1 and ME-2 usually vote very
similarly, and ME-2 is not entirely unlike Vermont, where Obama's
polling has been quite strong. Also, Obama's campaign isn't about to be
taken by surprise, boasting 12 field offices
in Maine. For the time being, that one electoral vote in ME-2 is
more one for Obama to monitor than one for him to lose sleep over.

--Nate Silver 

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