n liberals' eyes, Kerry is ahead: some predict a sizable win. But for a coterie of select academics, whose time-tested mathematical formulas have often predicted presidential elections, it's -- Bush. Reuters has the story.
For a small band of academics who use scientific formulas to predict elections President Bush is on his way to a sizable win.
That's the conclusion of a handful of political scientists who, with mixed results, have honed the art of election forecasting by devising elaborate mathematical formulas based on key measures of the nation's economic health and the public's political views.
Most of these academics are predicting Bush, bolstered by robust economic growth, will win between 53 and 58 percent of the votes cast for him and his Democratic opponent John Kerry.
Their track record for calling election outcomes months in advance has often been surprisingly accurate. In 1988, the models projected Bush's father, former President George Bush, would win even though Massachusetts Gov. Michael Dukakis enjoyed a double digit poll leads that summer.
And in 1996, one model came within a tenth of a percentage point of Clinton's actual vote share.
"You can look at certain fundamental indicators and anticipate how the campaign will play out," said James Campbell, a professor at the State University of New York at Buffalo.
But one glaring error is what the forecasters are perhaps best remembered for: they predicted in 2000 that Democrat Al Gore would win easily, pegging his total at between 53 and 60 percent of the two-party vote.
This dealt a fatal blow to the models' credibility, said Thomas Mann, a scholar at the Brookings Institution who has written about election forecasts.
"There's really less there than meets the eye, and I get the sense the forecasters will be going out of business soon," Mann said.
These economic-centered models are "irrelevant" for 2004, Mann said, because of the prominence of foreign policy issues and the unpredictability of the war in Iraq.
The forecasters chalk up the 2000 error to Gore's campaign, which distanced itself from the Clinton record. All the models assume the candidates will run reasonably competent campaigns, said Thomas Holbrook, a professor at the University of Wisconsin at Milwaukee.