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Tuesday, January 3, 2012

Iowa Caucus Tonight

Here we go again. Four years ago it was Barack Obama and Hillary Clinton. Mike Huckabee, Mitt Romney, and John McCain. Well, this time around there are six on the Republican side and just one on the Democrat side. This much we know right now; Barack Obama will be the Democrat's nominee for the 2012 Presidential Election.

(There is also a Democratic Caucus tonight, but it will go uncontested. Hopefully Obama will win 100% of the vote)

The rest is not so clear. Mitt Romney is the presumptive favorite, Rick Santorum had become popular of late, and Ron Paul has his usual intensive support. Then there are Newt Gingrich and Rick Perry, both had their moments and have huge amounts of money. Even if they start off slow, they can hold on and stay in it for a couple of weeks. That leaves Michelle Bachman, who in all likelihood will end her campaign tonight. It has been a fun ride with her, but she doesn't have the votes, or the money, to justify a continuation of this campaign.

The most recent polling shows a close race between Santorum, Romney, and Paul. Here is the Real Clear Politics data, which has been reposted here. They have a great amount of information over on their website and encourage all of you to visit.

Polling Data

PollDateSampleRomneyPaulSantorumGingrichPerryBachmannHuntsmanCainSpread
RCP Average12/21 - 1/1--22.821.516.313.711.56.82.3--Romney +1.3
Insider Advantage1/1 - 1/1729 LV232218161062--Romney +1
PPP (D)12/31 - 1/11340 LV192018141084--Paul +1
Des Moines Register12/27 - 12/30602 LV242215121172--Romney +2
Rasmussen Reports12/28 - 12/28750 LV232216131353--Romney +1
NBC News/Marist12/27 - 12/28425 LV232115131462--Romney +2
CNN/Time12/21 - 12/27452 LV252216141191--Romney +3


But there are a few other ways to help predict the election outcomes besides for simply polling data. Nate Silver has designed a computer prediction model and he has Romney pulling away tonight with a 42% chance of winning.

Iowa Caucus Projections

CANDIDATE
PROJECTED VOTE RANGE
CHANCE OF WINNING
Mitt-romney
Mitt Romney
21.8%
Vote range →
12
32
42%
Ron-paul
Ron Paul
21.0%
11
31
34%
Rick-santorum
Rick Santorum
19.3%
10
29
20%
Newt-gingrich
Newt Gingrich
15.1%
7
24
3%
Rick-perry
Rick Perry
10.4%
4
18
0%
Michele-bachmann
Michele Bachmann
7.9%
2
15
0%
Jon-huntsman
Jon Huntsman
3.8%
0
8

Finally there are the Intrade Markets which give:
Romney a 50% chance,
Paul 30%,
Santorum 20%
Gingrich 0.5%
Perry 0.2%
Bachman 0.1%
Huntsman 0.1%

I was looking to post the data from oddsmakers in Vegas but I can't find them anymore. I will definitely post the lines for New Hampshire though.

Anyways, there is all the information I can think of. I'll just post my predictions for your entertainment. (And mine)

ZNN's Predicted final standings
Ron Paul 23%
Mitt Romney 20%
Rick Santorum 19%
Newt Gingrich 17%
Rick Perry 14%
Michelle Bachman 7%

Best of Luck to all the candidates.

If you have questions or comments, please post or email me at countzacky@yahoo.com. Don't forget to bookmark us by clicking Ctrl-D on your keyboard.

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