Most Popular
1. Banking Crisis is Stocks Bull Market Buying Opportunity - Nadeem_Walayat
2.The Crypto Signal for the Precious Metals Market - P_Radomski_CFA
3. One Possible Outcome to a New World Order - Raymond_Matison
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
5. Apple AAPL Stock Trend and Earnings Analysis - Nadeem_Walayat
6.AI, Stocks, and Gold Stocks – Connected After All - P_Radomski_CFA
7.Stock Market CHEAT SHEET - - Nadeem_Walayat
8.US Debt Ceiling Crisis Smoke and Mirrors Circus - Nadeem_Walayat
9.Silver Price May Explode - Avi_Gilburt
10.More US Banks Could Collapse -- A Lot More- EWI
Last 7 days
US Interest Rates - When WIll the Fed Pivot - 1st Mar 2024
S&P Stock Market Real Earnings Yield - 29th Feb 2024
US Unemployment is a Fake Statistic - 29th Feb 2024
U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - 29th Feb 2024
What a Breakdown in Silver Mining Stocks! What an Opportunity! - 29th Feb 2024
Why AI will Soon become SA - Synthetic Intelligence - The Machine Learning Megatrend - 29th Feb 2024
Keep Calm and Carry on Buying Quantum AI Tech Stocks - 19th Feb 24
How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - 17th Feb 24
Why Rising Shipping Costs Won't Cause Inflation - 17th Feb 24
Intensive 6 Week Stock Market Elliott Wave Training Course - 17th Feb 24
INFLATION and the Stock Market Trend - 17th Feb 24
GameStop (GME): 88% Shellacking Yet No Lesson Learned - 17th Feb 24
Nick Millican Explains Real Estate Investment in a Changing World - 17th Feb 24
US Stock Market Addicted to Deficit Spending - 7th Feb 24
Stocks Bull Market Commands It All For Now - 7th Feb 24
Financial Markets Narrative Nonsense - 7th Feb 24
Gold Price Long-Term Outlook Could Not Look Better - 7th Feb 24
Stock Market QE4EVER - 7th Feb 24
Learn How to Accumulate and Distribute (Trim) Stock Positions to Maximise Profits - Investing 101 - 5th Feb 24
US Exponential Budget Deficit - 5th Feb 24
Gold Tipping Points That Investors Shouldn’t Miss - 5th Feb 24
Banking Crisis Quietly Brewing - 5th Feb 24
Stock Market Major Market lows by Calendar Month - 4th Feb 24
Gold Price’s Rally is Normal, but Is It Really Bullish? - 4th Feb 24
More Problems in US Regional Banking System: Where There's Fire There's Smoke - 4th Feb 24
New Hints of US Election Year Market Interventions & Turmoil - 4th Feb 24
Watch Consumer Spending to Know When the Fed Will Cut Interest Rates - 4th Feb 24
STOCK MARKET DISCOUNTING EVENTS BIG PICTURE - 31st Jan 24
Blue Skies Ahead As Stock Market Is Expected To Continue Much Higher - 31st Jan 24
What the Stock Market "Fear Index" VIX May Be Signaling - 31st Jan 24
Stock Market Trend Forecast Review - 31st Jan 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

US Election 2016 - Small-town America Will Decide the Fate of Everyone

ElectionOracle / US Presidential Election 2016 Nov 08, 2016 - 09:07 PM GMT

By: John_Mauldin

ElectionOracle

One congressional district in a state that nobody pays attention to could find itself at the center of American politics. That district’s single electoral vote could spell the difference between a razor-thin win and a tie. Seriously.

Maine is one of just two states that apportion electoral votes by congressional district and not by the total state count. The state has four total votes. Two go to the statewide winner, and one each goes to the winners in the two congressional districts.


District 1 along the coast is firmly Democratic. And as of now, District 2 had been in the Clinton tally too. But what almost no one is talking about is that for Trump to get to 270 electoral votes, he has to carry Maine’s 2nd congressional district (CD 2), which has exactly one electoral vote.

As you can see on the map below (in the upper circle beside Maine), “ME2” is now red. This gives Trump the one vote he needs for a win.

Election polls are not very helpful

If you look at the polls since early September, they are all over the place, from Trump up big to Clinton with a solid majority. The most recent poll shows Clinton with a two-point advantage, but when averaged with another poll, Trump has an advantage of 0.5%. And that’s with Gary Johnson getting 7% and Jill Stein getting 2.5%.

The Democratic candidate for president has won in Maine CD 2 in every presidential race since 1992. The district had a Democratic congressman from 1995 to 2014. Then the Republican candidate, small businessman Bruce Poloquin, was able to win the district with 47% of the vote.

This is because an independent candidate took enough votes to keep the Democrat from winning.

Campaign spending in Maine breaks all records

Spending on this race has shattered previous records. Both parties recognize the significance of this one little district. Seventy-five members of Congress have dipped into their own funds to support the candidates. Additional money has come in from party-affiliated organizations and outside political action committees.

This amount of spending and attention on the district means that the outcome in Maine CD 2 (as it will be called on election night on all the networks if it becomes important) is truly unpredictable. If Maine CD 2, with its one electoral vote, flips back to Clinton and Trump wins Florida, then we could end up in an Electoral College tie.

That would send the decision to the House of Representatives. Wouldn’t that be fun?

What will small-town America decide?

The district itself is enormous. It is the largest congressional district east of the Mississippi. Much of it is “moose country,” sparsely populated. It is one of the poorest regions in the nation. Here is a map of the district.

Maine CD 2 is typical small-town America. It comprises nearly 80% of the state's total land area, and 72% of it is rural. It is almost 96% Caucasian. There is 10% unemployment and a college graduate composition of about 20%. The median family income is 20% lower than the US average.

This district is the battleground of frustrated America. The paper mills and other industries have been closing down, as are the solid union jobs. It’s a hard-knock life for many of the residents.

So I think it’s fitting that this one small district has the potential to determine the future of our country. I readily admit that it’s not the America I live in, but it fits the image that many of us hold in our minds when we think of America. Not the beat of the city, but the pulse of the country.

All eyes will likely be on Maine tonight.

Get a Bird’s-Eye View of the Economy with John Mauldin’s Thoughts from the Frontline

This wildly popular newsletter by celebrated economic commentator, John Mauldin, is a must-read for informed investors who want to go beyond the mainstream media hype and find out about the trends and traps to watch out for. Join hundreds of thousands of fans worldwide, as John uncovers macroeconomic truths in Thoughts from the Frontline. Get it free in your inbox every Monday.

John Mauldin Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in