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I've been following Tradesports odds on Republicans keeping the House and the Senate, and the numbers don't look quite as bleak for the GOP as Albert R. Hunt suggests. Says Mr. Hunt,

Barring an unexpected and big event, Democrats will win control of the U.S. House of Representatives in November and conceivably the Senate, too. Whether it's a tsunami or just a powerful wave, the political dynamics are moving in that direction, or more accurately, against the Republicans and President George W. Bush.

Democratic insiders, who months ago thought their chances of winning a majority in the House were no better than even, and that the Senate was a lost cause, have become far more optimistic. Now, they say, winning the House is a lock, and the Senate is within reach. ...

More telling is that the smartest Republican political minds agree. ``The issue matrix and political dynamics are not good for us,'' says Representative Tom Davis, a Virginia Republican. ``Only some big national or international event before the election can change that.''

Presumably the stupid Republican political minds are those who disagree, but in any event, the bettors on Tradesports (whose only incentive is to be right) don't see the House as a "lock" for the Democrats.

house-senate-2006.PNG

The bettors give Republicans only a 46% chance to retain the House, but that's a far cry from certainty for the Democrats. However, unlike the Senate which has remained a steady bet for the GOP, the House numbers have been trending downward for a long time.

house-chart-2006.PNG

3 Comments

Mark said:

I hope they lost at least the House. Nothing in politics yields desired results better or more reliably than one party losing its iron grip on the government.

And why shouldn't they lose at least one part of Congress? They've been very un-Republican in the ways that matter.. and very idiotic on many cultural/social issues.

reagan80 said:

"They've been very un-Republican in the ways that matter.. and very idiotic on many cultural/social issues."

I can't disagree here.

Is that you, Andrew Sullivan?

Mark said:

I wish I had Andrew's English accent (just like how they sound is all).. but that's about it. We differ in other ways too, though. He's religious and I am not, for example.

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