Yes, I think he has a chance of winning. Trump is running an unconventional campaign, so of course the party professionals will resent it. And newspaper quotes of political professional are selective, while those quoted have an agenda other than objective analysis.
Horse race journalists, OTOH, are at best equally bad. Probably worse.
So let’s turn to the historical models. These currently give Trump a 12-23 percent chance of victory.
In contrast, the chance of rolling doubles on the board game Monopoly or losing a single round of Russian roulette is 16.7%. I don’t consider such odds to be tiny.
Now the models are a baseline, not a proper forecast in my view. A decent political forecaster will start the conversation with such models. Otherwise their views can be dismissed. Just think of such nonsense as static or perhaps the babbling of an innumerate drunk who has just taken up heroin.
The models are based upon past data. But only one of the two candidates is running a conventional campaign. Nate Silver: [INDENT][INDENT][INDENT]But the theory behind “fundamentals” models is that economic conditions prevail because most other factors are fought to a draw. In a normal presidential election, both candidates raise essentially unlimited money and staff their campaigns with hundreds of experienced professionals. In a normal presidential election, both candidates are good representatives of their party’s traditional values and therefore unite almost all their party’s voters behind them. In a normal presidential election, both candidates have years of experience running for office and deftly pivot away from controversies to exploit their opponents’ weaknesses. In a normal presidential election, both candidates target a broad enough range of demographic groups to have a viable chance of reaching 51 percent of the vote. This may not be a normal presidential election because while most of those things are true for Clinton, it’s not clear that any of them apply to Trump. [/INDENT][/INDENT][/INDENT] So the models are broken. They tell us what would happen on average in a typical Presidential election, after averaging over the past 45 years or so.
They are still a good starting point. Clinton is favored to win. But you have to increase the odds of a Clinton landslide (relative to what polls predict now) as well as a narrower Trump victory.
I’m frankly not sure what that means at the moment. I do know that we shouldn’t dismiss Trump’s chances. For example Trump isn’t advertising at all: he is losing by 6-7 points while he is the recipient of a one sided ad-bomb. What happens if he starts spending ad money in September? Does Hillary have a glass jaw? I doubt it, but again I can’t rule it out.
Main scenario: Trump is running a scampaign, and is raising money to pay back his loans. But Trump is ego driven: if he snaps he just might decide to spend some big bucks on advertising. Luckily, he is also a skinflint. And whatever happens he can say he spent tremendous amounts on advertising because he is indifferent to reality.
I currently put Trump’s odds at 20% and falling. That’s too high. I want to see a Clinton landslide. She would have to be up by about 16 points for that. That’s not currently likely, but also not impossible. We have our work cut out.