The Four Theories Of Obama's Bounce

by: Chris Bowers

Thu Sep 18, 2008 at 12:25


I spent the first three days of the week at an independent media conference in Upstate New York. Spending time around politically focused progressives during an election inevitably resulted in hearing literally dozens of theories on why Obama has been improving these past four days. The many theories can be consolidated into four main categories, all of which I believe have some credibility.

Full explanation in the extended entry.

Chris Bowers :: The Four Theories Of Obama's Bounce
The four main theories on Obama's improvement:

  1. The Market Crash Theory. This one is pretty straightforward. Obama's rise coincides with news of a national financial crisis. Hard not to believe that it has some effect. Even beyond serving as yet another example of failed conservative policies, as Matt noted this morning, the McCain campaign doesn't like talking about the economy, while the Obama campaign--not to mention the Democratic Party in general--does.

  2. The Palin Crash Theory. Polling data confirms that Sarah Palin's favorables are crashing right at the same time that Obama is rising in the polls. After initial stumbles, Palin did appear to give the McCain campaign new energy, but now that same energy is quickly dissipating. Palin helped the ticket, but perhaps her new troubles are hurting it.

  3. The Obama Attacking Theory: It can now be officially said that Obama is on the attack. Currently, three quarters of his paid media consists of negative attacks on McCain. Further, Obama seems to have stopped complimenting McCain before criticizing him, and loosened the reigns on anti-McCain paid media groups. Collectively, these three changes represent a fulfillment of the "Obama needs to attack more" argument that I, and many others, have pushed for at last four months. Obama has gotten aggressive, and it seems to be paying off.

  4. The Convention Bounce Theory. I once heard Simon Rosenberg describe the belief that politics naturally operates in cycles as the "Harry Potter school of organizing," because it was based on the assumption that things would naturally--magically--turn around without the need for any real work. While I share Simon's skepticism on natural pendulum swings in politics, it is true that conventions are the most free media a campaign receives during an election cycle, and so campaigns should naturally perform better during and immediately after the period of free media. Once the free media is removed, the campaign should experience a backslide. So, while I agree with Simon's overall thesis, in the case of conventions there just might be a simple, reasonable explanation for an inevitable bounce then fade pattern of convention polling: lots of free media helps you, especially when you control the message of that free media.

While I don't know how much each of these factors have contributed to Obama's recent improvement, I do have two pretty safe theories about the theories. First, it probably isn't the result of any one factor, since elections are complex systems that defy reductive explanations. Second, people will support whichever theory they personally spent the most time working on. In other words, if someone has been focused on the financial crisis, they will favor that theory. If someone has been focused on getting the Obama campaign to attack more, they will credit that theory. If someone has been focused on attacking Palin, then they will credit that theory. If someone is a historical polling junkie, they will probably back the convention bounce theory. Etc. Even though we can't ever know how much each factor has contributed, you can rest assured that the area you were focused on had the biggest impact.

A third safe theory about these theories is that there is no guarantee Obama's rise will continue, or that he will even keep the lead. We have seen at least four major momentum changes in the past month, and there are good reasons to expect even more. The situation looks decent right now, but relaxing and letting our guard down would be a terrible thing to do.


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About the convention bounce (4.00 / 2)
Historically, we know that convention bounces tend to fade. But I would also assume that, following a convention, the other side often becomes more aggressive in its advertising, as has occurred here.

Thus, while some may conclude that we are merely witnessing an historical or traditional trend, I would just add that aggression is part of that trend.

Also, my impression is that the worst economic news may not have been available at the time the polls started to swing.    


These are all good... (0.00 / 0)
I think these are all quite attributable, though I would say the biggest factors are the convention bounce fade and the Palin crash.  The market crash is certainly adding insult to injury and, in a way, comes at just the right time (if there is such a thing for these things) to sort of multiply the bounce.

It is hard to tell what will happen from here... McCain's new plan seems to be to attack Obama as a Tax and Spend liberal... seems pretty typical to me, and I somehow doubt it will work... but, based on some of the people talking about cnavassing and some of the polling, it does seem like a lot of people do fear him raising taxes.  Of course, these same polls still show Obama ahead... so who knows.

And if the tradmed picks up the McCain/Spain story... I think this bounce could continue.


Synergy between financial meltdown and attacks. (4.00 / 2)
I am guessing that Obama's increasingly aggressive message, especially on economics, and the current financial crisis would both hurt McCain on their own. But the two reinforce each other. This is probably a case of the whole being bigger than the sum of the parts.

miasmo.com

[ Parent ]
Well I've been arguing (4.00 / 5)
for him to focus on the economy and to attack McCain so obviously 2 and 4 are the answers.

But seriously, folks...I think we might come to regard the "fundamentals of the economy are strong" statement (I mean the ninth and final time he said it) as a gaffe of historic proportions. The tone-deafness and timing were so mind-blowingly bad. McCain had closed the gap on the economy and even at that late date might've been able to fool people--until that statement, which Dems to their credit seized on.

More important maybe, it's not just that we're talking about the economy, we're talking about an aspect of the economy that can't be addressed by calling for lower taxes and less government-which is the only message on the economy the modern GOP has ever had. We're talking about which party can regulate better, and that's a debate Dems cannot lose, no matter how hard the might try. It's hard to think of any debate that would be more favorable to Dems. McCain has two choices: to offer no solution or to offer no solution while pretending he's offering a solution--to transparently lie. He's choosing to lie.

All that happy talk aside, I think the main threat to an Obama victory would be an international crisis. Bush and Cheney surely understand this.



Makes sense (4.00 / 4)
I think it is not just multiple theories, but the confluence of several factors/events that reinforced the trends in Obama's direction.  There are the Palin pick and subsequent crash when it appeared she was supremely unqualified, and then what that said about McCain.  Then comes the market crash.

One thing Chris didn't mention is McCain's serial lying and the frivolousness of the Palin pick costing him the goodwill of "professional conservatives" as someone called them. This followed directly from the Palin pick and the discordance and pettiness of the GOP convention, and was amplified by the tone-deafness and out-of-itness of McCain and his campaign on the economy.

These all reinforce each other.  Then on top of that Obama finds a way to criticize McCain on the economy that marries his 26-year conservative record with all the lobbyists in his campaign, reinforcing the image of McCain as both out of touch and in the thrall of big money.

Least important in my view is the convention bounce theory, because it is swamped by these other factors all reinforcing in one direction.

And after McCain's major gaffe of not only not knowing the President of Spain but thinking he is a Latin American rebel suggests that a major international incident is the LAST thing McCain needs--it is exactly what could drive Chuck Hagel and Colin Powell into an outright endorsement of Obama.

John McCain--He's not who you think he is.


[ Parent ]
I disagree (0.00 / 0)
with your last point. McCain still has a big polling advantage on Iraq, terrorism, and the "commander-in-chief" question. This advantage has persisted and even grown, defying all reason and facts as well as all of McCain's gaffes.  

[ Parent ]
I think the polls are a lagging indicator on this (0.00 / 0)
You are absolutely right, but McCain will react to any new crisis with scary belligerence and ignorance.  If Obama can use that Presidential demeanor from the 2-min ad and do something reassuring on whatever it is, with an assist from Biden and maybe someone like Powell, he could defuse that advantage just enough.

Right now 14% think terror/nat security are most important and 48% think the economy is most important.

John McCain--He's not who you think he is.


[ Parent ]
Maybe thats why he's keeping them on tap (0.00 / 0)
If he actually has them.

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I don't think he has them yet (0.00 / 0)
At least not to say something publicly.  I've always thought that if the McCain plays the race card too hard, or really, really slimes Obama, Powell might come out for him.  Or if McCain gets too scary.  Hagel did come out today and said Palin was unqualified.  He is probably also not going to come out for Obama unless McCain gets even worse on foreign policy.

John McCain--He's not who you think he is.

[ Parent ]
That Comment (4.00 / 1)
may come to be regarded as the "before it before I was against" comment for Kerry and the "I invented the Internet" comment from Gore.

I think you can see how defensive about the comment by their multiple attempts to explain it.


[ Parent ]
Let's hope so (0.00 / 0)
Incidentally, I think the "Palin crash" has been overstated. Check this out from Pew:

Independents, who on balance favor McCain in the horserace, have a particularly positive opinion of Palin (60% favorable). McCain trailed slightly among independents in August (by 45% to 41%), but now holds the edge over Obama among this group (by 45% to 38%)

http://people-press.org/report...

Pew might be lagging, but still.


[ Parent ]
Biden's rich paying more taxes is patriotic line (0.00 / 0)
Is becoming the media distraction du jour.

Nothing about McCain's senior (sen~or) moment on Spain.

John McCain won't insure children


The "McCain is a liar" narrative (4.00 / 8)
I've mentioned it before in previous threads like this--isn't that one important too?  It can partly fall under the #2 and #3 theories that Chris mentions: Palin herself has been hit in the media for lying a lot (and McCain has been called out for lying on her behalf), which clearly has something to do with her tanking approval numbers.  And the Obama campaign got particularly aggressive on hitting McCain for his dishonesty just this past weekend.

But the overall media environment of "hey, wait a minute, McCain is lying like crazy" really picked up steam right as all this other stuff has been going on, and it's probably had some effect as well.


Agreed (4.00 / 4)
We tend to discount the importance of people like Richard Cohen and all the other McCain-worshippers defecting with the scales falling from their eyes, but it is having a big cumulative effect, given the herd mentality of the tradmed.  Who wants to risk being seen as just another blind hack like Donald Luskin or the worst of the NRO folks?  Plus they are all watching their retirement accounts evaporate too.

And Chris Matthews has reconnected with his inner Democrat.

John McCain--He's not who you think he is.


[ Parent ]
it's gas prices (0.00 / 0)
Going back up due to Ike.  

:)



New Jersey politics at Blue Jersey.


While the price of oil (0.00 / 0)
Goes below $100 a barrel.

Funny how it slides right up there but is sticky on the way down.

John McCain--He's not who you think he is.


[ Parent ]
Republican Convention (4.00 / 1)
I think one of the main focuses of the republican convention was to convince everyone that McCain is not Bush and they delivered that message very effectively.  Since that free media time the ideological similarities keep coming back to haunt McCain and could be called McCain's "elephant in the closet."  It's not just the similarities with Bush, but his continuing support of failing republican policies.  

Keep tying McCain to Bush, keep tying McCain to the failed republican policies as a whole.  I think it's McCain's biggest weakness.


If the polls are a guide they failed at even that (0.00 / 0)
The pattern is clear, 40% or so say he would follow Bush policies with the rest split evenly between less and more conservative.

Something else to bear in mind is that Obama went dark during the GOP convention so its not surprising McCain moved ahead with the landscape totally to himself. I don't think its a coincidence that this movement to Obama happened after he went back up with ads.


[ Parent ]
McCain's approval rating (4.00 / 1)
All these theories play a part, but the key is McCain's approval rating.  That rating was going up before the conventions and hit a high with Palin's speech.  Now it is going down for a variety of reasons.

Personally I think Palin, the lies and the Obama campaign's willingness to expose those lies explain most of it so far.  I think economics are just adding to that layer right now and I expect economics to be the driving factor for additional gains this week.

It should also be pointed out to those who wanted Obama to be on the attack all the time, as Chris and others have said previously, that McCain tried that and never seriously hurt Obama's approval rating.  It is possible that Obama sticking to the high road up until recently has actually improved his ability to attack now.  We don't know that Obama attacking all summer long with the same intensity would have given the same results.


You missed a big one - the fifth one! (4.00 / 1)
Hi Chris,

I absolutely agree that there's empirical evidence of the Market Crash, Palin Crash, and Convention Bounce theories, and there's at least a reasonable case to be made about the Obama Attacking theory.  Won't get any arguments from me.

But I think there's one more really important factor at work here, which you didn't mention:

The Public Financing / Spending Theory:
Point 1: McCain spent his primary money like a madman leading up to the Convention, since he wouldn't be able to keep a single dollar.  He was outspending Obama in every way but field operations leading up to Minneapolis.  

Point 2: McCain accepted public financing for the general, and from here on out will have access to less direct money than Obama.

Point 3: Republican non-party groups are very successful and have plenty of money to spend, compensating for McCain's limits to a certain extent - but they aren't as effective as a coordinated campaign directing spending, and moreover, Obama's loosening of the reins means an imaginably equal and opposite set of Democratic non-party groups canceling this advantage.

The outcome of all this is that McCain's rise in the polls could in part (along with Chris' Theories 1-4) be related to temporarily HIGHER campaign spending, and his subsequent drop related to permanently LOWER campaign spending.

What do you think?  


Palin and Charlie Gibson (4.00 / 1)
Palin really started to slide hard after the Charlie Gibson multi-part interview.  Even setting aside ideology and policy, she really did not come off as being ready for the job and appeared disturbingly unseasoned to be leader of the free world. She did not remotely look "presidential."

The McCain campaign compounded the problem by allowing Palin to appear in multiple ABC time slots -- including a primetime 20/20 slot -- when clearly she wasn't ready for primetime exposure. Instead of containing the exposure, she was on morning, primetime and late night over multiple days.

The fundies still love her and McCain probably won't drop back to his pre-convention low 40's polling, but you have to figure that a 15+ point drop in her favorables is worth a three point drop in support for the ticket.

Self-refuting Christine O'Donnell is proof monkeys are still evolving into humans


Theories miss a possibility... (0.00 / 0)
When McCain was more "up", that went along with the stupid issues -- lipstick, pig, education to prevent sexual exploitation of kids, tanning beds -- and when suddenly the 24 hour news cycle became more realistic, Ike and Financial Meltdown, Obama could get traction and media coverage for his issues, and those were what he wanted to focus on all along.  Reality created a market for that discourse.  

Going into the Debate Season in this campaign, I think this benefits Obama, as the Debates are likely to focus on the real issues much more than the stupid stuff on the sidelines.  We have now another week of Economic talk, and then move to the debate on Foreign and Security Policy.  Then the Biden/Palin debate.  I think this sustains and helps Obama.  


Good Points (0.00 / 0)
The hurricanes did sort of gently scream, "Hey! Reality here!  Better take a look!"

One or two massive hurricanes, no big deal, apparently.  But third time's a charm, I guess.

And then, once reality had intruded on lip-pig consciousness, along came echoes of 1929.  Makes sense to me.

"You know what they say -- those of us who fail history... doomed to repeat it in summer school." -- Buffy The Vampire Slayer, Season 6, Episode 3


[ Parent ]
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