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Our Next President

Predicting the next leader of the free world
Primaries Are Unpredictable
•   Cues like party identification are irrelevant, leaving
    little data that is useful in predicting outcomes.
•   Unlike general elections, campaigns and how they
    are run actually influence outcomes.
•   So can external events and even momentum. In fact,
    early voters in primaries can have up to 20 times the
    influence that later voters have.*
•   Polling is often off leading up to and even during the
    primaries.
•   The RNC is already in the process of adjusting the
    schedule and rules for their 2012 nominating
    process, so the next primaries are particularly
    unpredictable from so far out.
•   So, while there is not much we can definitively say
    with regard to who will win in 2012, we can look at
    historical and recent trends, the potential candidates,
    and the most likely issues that might contextualize
    the race in order to guess a likely outcome.




*Brian Knight and Nathan Shiff 2008
2000 and ‟08: An historical
       perspective
George W. Bush John McCain Alan Keyes Steve Forbes Gary Bauer Orrin
Hatch January 24 Iowa (caucus) 41% 5% 14% 31% 9% 1% February 1 New
Hampshire (primary) 30% 49% 6% 13% 1% - February 8 Delaware (primary)
51% 25% 4% 20% - - February 19 South Carolina (primary) 53% 42% 5% - - -
February 22 Arizona (primary) 36% 60% 4% - - - February 22 Michigan (primary)
43% 50% 5% - - - February 29 Virginia (primary) 53% 44% 3% - - - February 29
Washington (primary) 58% 38% 3% - - - February 29 North Dakota (caucus)
76% 19% 5% - - - March 7 California (primary) 61% 35% 4% - - - March 7
Connecticut (primary) 46% 49% 3% - - - March 7 Georgia (primary) 67% 28%
5% - - - March 7 Maine (primary) 51% 44% 3% - - - March 7 Maryland (primary)
56% 36% 7% - - - March 7 Massachusetts (primary) 32% 65% 3% - - - March 7
Missouri (primary) 58% 35% 6% - - - March 7 New York (primary) 51% 43% 4% -
- - March 7 Ohio (primary) 58% 37% 4% - - - March 7 Rhode Island (primary)
36% 60% 3% - - - March 7 Vermont (primary) 36% 61% 3% - - - March 7
Minnesota (caucus) 63% 17% 20% - - - March 7 Washington (caucus) 80% 15%
4% - - - March 14 Florida (primary) 74% 20% 5% - - -
GWB: 2000’s Most Moral
• McCain limited to
  Northern states and
  Arizona.
• As other candidates
  support dropped after
  Iowa and NH, so did
  they
• New Hampshire:
  McCain‟s only
  significant victory
• A clear value
  dichotomy
• The victor:
  compassionate
  conservatism
Shifting sands in 2008
• Longest primary
  season in history
• In 2000, 2004 moral
  values were king. Not
  in 2008
• More competitive than
  2000: no clear
                           “To paraphrase the
  dichotomy at beginning
• Circumstances            late William F. Buckley
  elevated
                           Jr., McCain is
  experience, creating a
                           „conservative‟ but not
  consensus candidate.
• Conservatives did not
                           „a conservative.‟”– LA
  need “a conservative,”
  but a leader, who was
                           Times
  conservative.
Primary Takeaways
Success in early primaries
While the RNC is currently exploring
changes, would-be candidates fall victim to
front-loaded primary calendars.


Broad appeal is essential
Although hyper-focused success can
prolong a candidacy, candidates must be
able to satisfy a broad coalition to win.


Fitting with the times
Candidates must be able to satisfy the
issues of the time in order to convince the
Party that they should leave them
forward. However, sometimes, issues shift
without control with bad timing.
Sarah Palin
• Name Recognition
      Past VP candidate, already a household
  o
      name
      Problem is, that recognition is mostly
  o
      negative
• Fundraising Ability
      SarahPAC (already has fundraising
  o
      mechanism)
      Able to gain funding from certain social
  o
      conservative groups (e.g. pro-life, pro-
      gun, oil)
• Primaries Capability
      Totally dependent on ability to revamp
  o
      image
      Will do well in social conservative
  o
      states (IA)
      Less in states voting on economy (MI)
  o
      Gallup: 39% ready, 33% not ready,
  o
      29% no opinion
• Republican Party Sentiment
      Rasmussen post-election – 69%
  o
      helped McCain, 20% hurt McCain (still
      91% favorable view)
      CPAC strawpoll – 13%, tied for 3rd with
  o
      Ron Paul
Mike Huckabee
• Name Recognition
      Past Candidate (won 8 states)
  o
      Huckabee on FoxNews
  o
• Fundraising Ability
      In 2008, raised $12,992,908
  o
      Will gain funding support of
  o
      many conservative PAC’s &
      individuals
      Won IA spending only $52 per
  o
      vote
• Primaries Capability
      Can come out strong, win IA again
  o
      Will do well in southern states once
  o
      again (LA, KS, AR, TN, GA, AL,
      WV, IA)

• Republican Party Sentiment
      CPAC strawpoll – 7% (6th place)
  o
      12/5/08 CNN poll – Republicans
  o
      favor him 34% (over Palin’s 32%)
      to secure 2012 nomination
Tim Pawlenty
• Name Recognition
      Rumored to run in 2008 (or at least
  o
      VP)
      Not as well known to most Americans
  o
      Most famous for balancing MN budget
  o
      w/no increase in taxation
• Fundraising Ability
      Hard time off the start (need a familiarity
  o
      campaign first)
      Most $ from anti-immigration lobby
  o
      (send in the guards)
• Primaries Capability
      Will do well w/ strong
  o
      evangelicals (struggle to steal
      those votes from Huckabee)
      Success in MN and Mid-West
  o
      (e.g. MT)

• Republican Party Sentiment
      CPAC strawpoll – 2% (only beat
  o
      Crist)
      Not unliked, but such a strong
  o
      social conservative may not suit
      the preferred image the GOP
      wants to use in 2012
John Huntsman, Jr.
Pros
 • Young
 • Experienced (2 Term Governor, US Ambassador)
 • Wildly popular
 • Wealthy
     o Capable of raising money/self funding
     o Business background
 • “Hot button” Social Conservative (appeals to base)
 • Progressive energy, environment, and Health care
   reform through conservative economic
 • Early state advantage

Cons
 • Too Moderate?
 • Mormon
 • Not much name recognition
Bobby Jindal
 Pros
  • Young
  • Experienced
      o Congress (two terms)
      o Governor since 2007
  • Name Recognition
      o Republican “Rising Star”
  • Fairly conservative
Cons
 • Minority
 • Catholic
 • May want to wait for more ideal
    election cycle
 • Too young
 • Too conservative for general
    election
Mitt Romney
Pros
 • Experience
 • Name Recognition
 • Wealth/fundraising
     o Free and Strong America PAC
 • Campaign Experience
 • Appeals to Conservative base
 • Performed well in early States (Iowa,
   New Hampshire)
 • Lame duck candidate?
Cons
 • Pre-existing reputation
 • Mormon
 • Mitt v. Huckabee
Issues Likely To Come Up
•   The economy will probably still be the most pressing issue in the news
    and politics.
•   This election will be a referendum on Obama’s presidency so far.
    Republicans will be looking for someone who can criticize him without
    ending up looking worse for it.
•   Republicans will also have to decide if they are most concerned with
    appealing to their base or with widening their appeal to more
    moderates.
•   Similarly, do they want a candidate who is known for their social issues
    background? Their economic or business acumen? Foreign policy
    background? Something else – depending on whatever issues are
    most critical in 2012?
•   Who among the candidates has the best experience and record in
    response to the economic and foreign policy issues most pressing at
    the time?
Primary Prediction Scenario

• Hukabee wins IOWA
• Romney wins the majority of Super Tuesday
  Primary by Early February, 2012
Romney, the nominee

 Reasons:
 1.Name Recognition
 2.Experience
 3.Money
 4. Charismatic Character
 5. Letting bygones be bygones
GDP Forecast

• Negative economic growth
  will bottom out this year
• The US economy will be
  back to positive growth by
  the midterm elections of
  2010, and growth rate will
  be back to normal by the
  end of 2011
Presidential Approval Ratings

  • There is an initial increase in
    approval ratings during the
    first two years of each
    presidential administration.
  • Decrease in approval
    ratings, however not
    significant enough to be
    defeated in second election
    period.
  • 3 out of the past 4
    incumbent presidents were
    re-elected.
What do all these Presidents have in common?

- They all ran on a populist agenda
- They were all re-elected
- Generally, they are highly ranked by historians

How does this apply to the present?
- While the economy is a stronger indicator of success in an
election, examining the electoral process have revealed that personality
and charisma are also decisive factors; amid reports that the economy is
improving, and given the rise of charismatic Republicans, this factor
could count for a lot.
Obama in 2012?
- At this early stage, the
most reasonable thing
would be to say yes. We
have outlined the most
plausible candidates, most
of whom lack the charisma,
recognition, or broad appeal
of the incumbent. Add the
improving economy, and a
second Obama term is a
strong probability.
Obama wins.

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Our Next President

  • 1. Our Next President Predicting the next leader of the free world
  • 2. Primaries Are Unpredictable • Cues like party identification are irrelevant, leaving little data that is useful in predicting outcomes. • Unlike general elections, campaigns and how they are run actually influence outcomes. • So can external events and even momentum. In fact, early voters in primaries can have up to 20 times the influence that later voters have.* • Polling is often off leading up to and even during the primaries. • The RNC is already in the process of adjusting the schedule and rules for their 2012 nominating process, so the next primaries are particularly unpredictable from so far out. • So, while there is not much we can definitively say with regard to who will win in 2012, we can look at historical and recent trends, the potential candidates, and the most likely issues that might contextualize the race in order to guess a likely outcome. *Brian Knight and Nathan Shiff 2008
  • 3. 2000 and ‟08: An historical perspective George W. Bush John McCain Alan Keyes Steve Forbes Gary Bauer Orrin Hatch January 24 Iowa (caucus) 41% 5% 14% 31% 9% 1% February 1 New Hampshire (primary) 30% 49% 6% 13% 1% - February 8 Delaware (primary) 51% 25% 4% 20% - - February 19 South Carolina (primary) 53% 42% 5% - - - February 22 Arizona (primary) 36% 60% 4% - - - February 22 Michigan (primary) 43% 50% 5% - - - February 29 Virginia (primary) 53% 44% 3% - - - February 29 Washington (primary) 58% 38% 3% - - - February 29 North Dakota (caucus) 76% 19% 5% - - - March 7 California (primary) 61% 35% 4% - - - March 7 Connecticut (primary) 46% 49% 3% - - - March 7 Georgia (primary) 67% 28% 5% - - - March 7 Maine (primary) 51% 44% 3% - - - March 7 Maryland (primary) 56% 36% 7% - - - March 7 Massachusetts (primary) 32% 65% 3% - - - March 7 Missouri (primary) 58% 35% 6% - - - March 7 New York (primary) 51% 43% 4% - - - March 7 Ohio (primary) 58% 37% 4% - - - March 7 Rhode Island (primary) 36% 60% 3% - - - March 7 Vermont (primary) 36% 61% 3% - - - March 7 Minnesota (caucus) 63% 17% 20% - - - March 7 Washington (caucus) 80% 15% 4% - - - March 14 Florida (primary) 74% 20% 5% - - -
  • 4. GWB: 2000’s Most Moral • McCain limited to Northern states and Arizona. • As other candidates support dropped after Iowa and NH, so did they • New Hampshire: McCain‟s only significant victory • A clear value dichotomy • The victor: compassionate conservatism
  • 5. Shifting sands in 2008 • Longest primary season in history • In 2000, 2004 moral values were king. Not in 2008 • More competitive than 2000: no clear “To paraphrase the dichotomy at beginning • Circumstances late William F. Buckley elevated Jr., McCain is experience, creating a „conservative‟ but not consensus candidate. • Conservatives did not „a conservative.‟”– LA need “a conservative,” but a leader, who was Times conservative.
  • 6. Primary Takeaways Success in early primaries While the RNC is currently exploring changes, would-be candidates fall victim to front-loaded primary calendars. Broad appeal is essential Although hyper-focused success can prolong a candidacy, candidates must be able to satisfy a broad coalition to win. Fitting with the times Candidates must be able to satisfy the issues of the time in order to convince the Party that they should leave them forward. However, sometimes, issues shift without control with bad timing.
  • 7. Sarah Palin • Name Recognition Past VP candidate, already a household o name Problem is, that recognition is mostly o negative • Fundraising Ability SarahPAC (already has fundraising o mechanism) Able to gain funding from certain social o conservative groups (e.g. pro-life, pro- gun, oil)
  • 8. • Primaries Capability Totally dependent on ability to revamp o image Will do well in social conservative o states (IA) Less in states voting on economy (MI) o Gallup: 39% ready, 33% not ready, o 29% no opinion • Republican Party Sentiment Rasmussen post-election – 69% o helped McCain, 20% hurt McCain (still 91% favorable view) CPAC strawpoll – 13%, tied for 3rd with o Ron Paul
  • 9. Mike Huckabee • Name Recognition Past Candidate (won 8 states) o Huckabee on FoxNews o • Fundraising Ability In 2008, raised $12,992,908 o Will gain funding support of o many conservative PAC’s & individuals Won IA spending only $52 per o vote
  • 10. • Primaries Capability Can come out strong, win IA again o Will do well in southern states once o again (LA, KS, AR, TN, GA, AL, WV, IA) • Republican Party Sentiment CPAC strawpoll – 7% (6th place) o 12/5/08 CNN poll – Republicans o favor him 34% (over Palin’s 32%) to secure 2012 nomination
  • 11. Tim Pawlenty • Name Recognition Rumored to run in 2008 (or at least o VP) Not as well known to most Americans o Most famous for balancing MN budget o w/no increase in taxation • Fundraising Ability Hard time off the start (need a familiarity o campaign first) Most $ from anti-immigration lobby o (send in the guards)
  • 12. • Primaries Capability Will do well w/ strong o evangelicals (struggle to steal those votes from Huckabee) Success in MN and Mid-West o (e.g. MT) • Republican Party Sentiment CPAC strawpoll – 2% (only beat o Crist) Not unliked, but such a strong o social conservative may not suit the preferred image the GOP wants to use in 2012
  • 13. John Huntsman, Jr. Pros • Young • Experienced (2 Term Governor, US Ambassador) • Wildly popular • Wealthy o Capable of raising money/self funding o Business background • “Hot button” Social Conservative (appeals to base) • Progressive energy, environment, and Health care reform through conservative economic • Early state advantage Cons • Too Moderate? • Mormon • Not much name recognition
  • 14. Bobby Jindal Pros • Young • Experienced o Congress (two terms) o Governor since 2007 • Name Recognition o Republican “Rising Star” • Fairly conservative Cons • Minority • Catholic • May want to wait for more ideal election cycle • Too young • Too conservative for general election
  • 15. Mitt Romney Pros • Experience • Name Recognition • Wealth/fundraising o Free and Strong America PAC • Campaign Experience • Appeals to Conservative base • Performed well in early States (Iowa, New Hampshire) • Lame duck candidate? Cons • Pre-existing reputation • Mormon • Mitt v. Huckabee
  • 16. Issues Likely To Come Up • The economy will probably still be the most pressing issue in the news and politics. • This election will be a referendum on Obama’s presidency so far. Republicans will be looking for someone who can criticize him without ending up looking worse for it. • Republicans will also have to decide if they are most concerned with appealing to their base or with widening their appeal to more moderates. • Similarly, do they want a candidate who is known for their social issues background? Their economic or business acumen? Foreign policy background? Something else – depending on whatever issues are most critical in 2012? • Who among the candidates has the best experience and record in response to the economic and foreign policy issues most pressing at the time?
  • 17. Primary Prediction Scenario • Hukabee wins IOWA • Romney wins the majority of Super Tuesday Primary by Early February, 2012
  • 18. Romney, the nominee Reasons: 1.Name Recognition 2.Experience 3.Money 4. Charismatic Character 5. Letting bygones be bygones
  • 19. GDP Forecast • Negative economic growth will bottom out this year • The US economy will be back to positive growth by the midterm elections of 2010, and growth rate will be back to normal by the end of 2011
  • 20. Presidential Approval Ratings • There is an initial increase in approval ratings during the first two years of each presidential administration. • Decrease in approval ratings, however not significant enough to be defeated in second election period. • 3 out of the past 4 incumbent presidents were re-elected.
  • 21. What do all these Presidents have in common? - They all ran on a populist agenda - They were all re-elected - Generally, they are highly ranked by historians How does this apply to the present? - While the economy is a stronger indicator of success in an election, examining the electoral process have revealed that personality and charisma are also decisive factors; amid reports that the economy is improving, and given the rise of charismatic Republicans, this factor could count for a lot.
  • 22. Obama in 2012? - At this early stage, the most reasonable thing would be to say yes. We have outlined the most plausible candidates, most of whom lack the charisma, recognition, or broad appeal of the incumbent. Add the improving economy, and a second Obama term is a strong probability.