The Election’s a Toss-up

by James Rickards
Daily Reckoning

Voters don’t change their minds in October despite the occasional “October surprise.” Evidence shows that the debates don’t change many minds either despite their high profile.

Most voters make up their minds sometime between Labor Day and Oct. 1 based on overall impressions of the candidates without getting too bogged down in policy details.

One of the primary rules of politics is “You can’t beat something with nothing.”

Biden isn’t much, but at least he’s something. Voters perceive him as steady, experienced and somewhat of a “regular guy.” (Never mind that the reality is quite different and Biden is in a state of cognitive decline; it’s the perception that counts, not the reality).

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