Ian Bremmer: Countdown to the (Possibly Contested) US Election | Quick Take | GZERO Media

Ian Bremmer's Quick Take:

Normalcy is incrementally coming to the United States, if not yet to a lot of developing markets, but certainly to Europe, certainly to China. And I haven't spent a lot of time talking about the US election yet, certainly nothing close to the media coverage. I thought I would today because we've got 99 days until November 3rd. You say 100 days yesterday, sounds like a bigger deal, but that's only because we have a base 10 numeric system. If we had a base three numeric system, 99 days out would be pretty meaningful, right? But no, I thought let's finally, right, we've got these massive, incredibly expensive, billions of dollars spent, a year and a half of the entire process, I mean, by far a greater subversion of democracy, the way the US elections are held than any other advanced industrial democracy in the world. We all know it. Democrats, Republicans, people sick of the party system. We all recognize nothing can be done about it. It's fantastic for special interests that spend an immense amount of money trying to ensure that candidates do their bidding. But now that we are only 99 days out, political polls really do start to matter. We know who the candidates are on both sides. We don't yet have the V.P. on the Biden side. But still, I mean, we're pretty close. 100 days out, 99 days out, you feel like you can start paying attention.

So, what do I think? Well, first, you know, on the Trump side, it is very obvious that he is well behind in the polls. Let's keep in mind he was generally well behind in the polls in 2016. But this time around, not only do you have a candidate running against him that is not nearly as controversial or as toxic to a part of the population as Hillary Clinton was, but also just the general backdrop, conditions for an incumbent are really challenging. The economic contraction going on longer than a lot of the bankers and the economists have expected. You're talking about an 8% contraction likely or more of the US economy this year. Certainly, double digit unemployment, meaningful double-digit unemployment at the time that we have the election. Challenges in continuing to get stimulus in place, though, I do think this latest round four of a trillion plus is going to happen and Congress will go nowhere, they won't leave session until they get something done.

And also on the coronavirus situation, you still give 30% of people approving the way Trump is responding to coronavirus, the numbers of deaths, the numbers of hospitalizations, the view that it's been mishandled. Yes, at the federal as well as at the state and at the local level. But ultimately, the buck stops with the president. Whoever the president is, if those things go badly, it tends to hurt them. And then on top of that, you have all of the the protests, the social discontent, Black Lives Matter, the anti-government demonstrations happening in Portland and other places, and the response from federal authorities increasingly, all of that bodes badly for Trump. It's why he is under water, not just in national polls, which don't matter very much, but also in swing state polls, which really do.

So, if you look at those polls, like in 2016, you expect Trump is going to lose and lose pretty big. And I will say that almost all of my Democrat friends have been telling me they're more than willing to bet not only that Biden will win, but most of them are willing to bet that Biden is going to win by a landslide. I am not there. And I'm not there, not just because it's still early, because increasingly 99 days, you can't say it's that early, these polls, you know, do start to hold to a greater degree. So, if you're betting person, you would be betting in favor of Biden against Trump right now.

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