Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
It's Five Nights at Freddy's Again! - 12th Jan 25
Squid Game Stock Market 2025 - 5th Jan 25
Stock Market Bubble Drivers, Crypto Exit Strategy During Musk Presidency - 27th Dec 24
Gold Stocks’ Remain Exceptionally Weak Even as Stocks Rise - 27th Dec 24
Gold’s Remarkable Year - 27th Dec 24
Stock Market Rip the Face Off the Bears Rally! - 22nd Dec 24
STOP LOSSES - 22nd Dec 24
Fed Tests Gold Price Upleg - 22nd Dec 24
Stock Market Sentiment Speaks: Why Do We Rely On News - 22nd Dec 24
Never Buy an IPO - 22nd Dec 24
THEY DON'T RING THE BELL AT THE CRPTO MARKET TOP! - 20th Dec 24
CEREBUS IPO NVIDIA KILLER? - 18th Dec 24
Nvidia Stock 5X to 30X - 18th Dec 24
LRCX Stock Split - 18th Dec 24
Stock Market Expected Trend Forecast - 18th Dec 24
Silver’s Evolving Market: Bright Prospects and Lingering Challenges - 18th Dec 24
Extreme Levels of Work-for-Gold Ratio - 18th Dec 24
Tesla $460, Bitcoin $107k, S&P 6080 - The Pump Continues! - 16th Dec 24
Stock Market Risk to the Upside! S&P 7000 Forecast 2025 - 15th Dec 24
Stock Market 2025 Mid Decade Year - 15th Dec 24
Sheffield Christmas Market 2024 Is a Building Site - 15th Dec 24
Got Copper or Gold Miners? Watch Out - 15th Dec 24
Republican vs Democrat Presidents and the Stock Market - 13th Dec 24
Stock Market Up 8 Out of First 9 months - 13th Dec 24
What Does a Strong Sept Mean for the Stock Market? - 13th Dec 24
Is Trump the Most Pro-Stock Market President Ever? - 13th Dec 24
Interest Rates, Unemployment and the SPX - 13th Dec 24
Fed Balance Sheet Continues To Decline - 13th Dec 24
Trump Stocks and Crypto Mania 2025 Incoming as Bitcoin Breaks Above $100k - 8th Dec 24
Gold Price Multiple Confirmations - Are You Ready? - 8th Dec 24
Gold Price Monster Upleg Lives - 8th Dec 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