Biden’s 2020 Election Odds Reach All-Time Best of -168; Trump Kills Own Brief Momentum

• Donald’s Trump’s reelection odds faded once again fading from +136 last week to +144
• Presumptive Democratic challenger Joe Biden shortened to -168 from -158
• Is there still value to be had on the former VEEP now that his odds are the shortest they have ever been?

As the path continues along the US Presidential election trail, it’s becoming apparent that the only thing Donald Trump has to fear is himself.

There’s an old adage about choosing to lead, follow, or get out of the way. In Trump’s case, he continues to prove to Americans that he can’t lead, is unable to follow the advice of others, and is simply incapable of getting out of his own way.

The US President showed a bit of a bump in the odds last week for the first time in well over a month. Trump’s chances to win reelection to the Oval Office improved to +136. This was probably due to his July 4th holiday speech at Mount Rushmore.

Then Trump got back to the business of running the country into the ground and people took notice. His betting line in the 2020 election odds took another nosedive to +144.

2020 US Presidential Election Odds

Odds taken July 17th.

Meanwhile, Joe Biden, the presumptive Democratic challenger, is at his shortest price during the entire election cycle. His odds improved from -158 to -168, on average.

Trump Falling Behind Biden

The silent majority that Trump likes to talk about could describe the mass exodus from his base of support. Voters seem to be jumping ship every week. The latest national poll conducted by Quinnipiac University shows Biden with a 52% support level, while Trump is at just 37%.

In the same poll, 53% of Americans declared that they were displeased with Trump’s management of the US economy. As well, 60% disapproved of Trump’s overall performance as President.

Those polled indicated that they felt Biden would be doing a better job at handling the coronavirus pandemic response, health care, and racial inequality. Biden was also viewed as being the better candidate in qualities such as honesty, leadership skills, and caring about average Americans.

An NBC News/Wall Street Journal poll showed that 57% of people felt they’d vote for a candidate who was concerned with controlling COVID-19, while just 25% favored a candidate whose main concern was reopening the economy. There was some good news for Trump in this poll, though. Of respondents, 54% approved of Trump’s handling of the economy.

On the other hand, both the Quinnipiac poll (79%) and an ABC News/Ipsos poll (78%) showed that Trump’s support among Republicans has dipped below 80% for the first time in nearly two years.

Changes Afoot

Perhaps making him the scapegoat for his disastrous rally last month in Tulsa, Trump fired campaign manager Brad Parscale this week. But this move may prove to be nothing more than shuffling the deck chairs on the Titanic.

Some of Trump’s more recent decisions strictly appeal to his base. He’s ignoring a desperate need to win back the white suburban voters who backed him four years ago but are abandoning ship this time around.

Biden campaign on Brad Parscale: "Almost 140,000 Americans have lost their lives and millions more have lost their jobs because of Donald Trump's failed leadership. The Trump Campaign's game of musical chairs won't fix this. We need a new president for that."

— Kyle Griffin (@kylegriffin1) July 16, 2020

Coming out in favor of the Confederate flag and statues of Confederate leaders might play well in parts of the south but it isn’t going  win him support in swing states like Michigan and Pennsylvania. Ignoring COVID-19 – the Federal Government has informed hospitals to stop sharing info with the CDC – isn’t going to make it go away or keep people from getting infected and dying.

Trump is sinking and he can’t bail water fast enough.