Sensemaker, 29 October 2020

Thursday 29 October 2020

What just happened


One reason people like polls is that they provide comfort – they prepare us for what’s coming. Except when they don’t. Given how often they’ve been wrong recently, how confident should we be that Joe Biden’s polling lead will translate into victory?

There are five days to the US election, and this is what we know: more than 75 million people have already voted. That’s about 56 per cent of the total number of voters in 2016, driven by an unprecedented number of postal votes. National polling averages put Biden roughly ten points ahead of Donald Trump, at 52 percent to 42. FiveThirtyEight puts the chance of a Biden presidency at 88 percent; the Economist96.

At state level, these national polls translate into a large number of states being up for grabs for Biden, including Texas – which hasn’t voted for a Democratic presidential candidate since Jimmy Carter in 1976.

So far, so familiar

But what’s to stop the same polling failures we saw in 2016 happening all over again? Well, a few things are different this time:

But that’s not the only difference

Reasons to be wary

Known unknowns

Trump’s path to victory

Trump can win. FiveThirtyEight says he has a 12 percent chance, which is one in eight. That’s about the same as the chance of a train being more than three minutes late in the UK – unlikely, but you wouldn’t bet on it. You certainly wouldn’t buy a train ticket that relied on a three-minute connection.

Pennsylvania, where Biden currently has a five-point lead in the polls, looks like this year’s tipping-point state. Five percentage points is above a normal margin of error, but only just, and if Trump wins Pennsylvania his chances of a national win would jump to 69 percent according to FiveThirtyEight.

In this scenario, assuming a substantial polling error favouring Trump, he would start feeling much more comfortable in key sun belt states that are currently tipping towards Biden – including Florida and Arizona. Taking these states could turn the tables for Trump and win him 270 electoral college votes even if Biden wins back the rust belt states that turned against Clinton four years ago.

Long stories short

In the app today… As part of our ongoing File on the spiritual battlegrounds ahead of next week’s US presidential election, we have published a detailed analysis of Amy Coney Barrett’s recent testimony to the Senate Judiciary Committee. What does the new Supreme Court justice really think? And don’t miss our ThinkIn at 6.30pm: Matt d’Ancona in conversation with the presenter and writer James O’Brien. They – and our members – will be discussing the difficult art of changing your mind.

Please share this Sensemaker with your friends and colleagues.


Wealth investment, fairness, prosperity

Expensive fractions
There have already been some strange ol’ business deals this year: think Oracle’s very political partnership with TikTok in the US. And now there’s another example to add to the list: the French company LVMH’s acquisition of the upmarket jewellers Tiffany, the biggest ever such deal in the luxury goods market. As recently as a few weeks ago, the whole idea seemed to have been scrapped, as the two sides litigated against each other. But now, overnight, it appears to have gone through – with a $15.8 billion price tag. The clincher? LVMH has succeeded in making Tiffany drop its price per share, against a backdrop of worsening business projections during the pandemic, so that the overall cost is 3 per cent lower than it would otherwise have been. Hang on: three per cent?! That adds up to millions of dollars, but it’s still not a massive saving after all the months of argument and recrimination.


New things technology, science, engineering

Trimmed down to size
Jack Dorsey, the founder of Twitter, has grown a big, straggly lockdown beard. It made its first major public appearance yesterday when he himself appeared, via video-link, before a US Senate committee – and it caused quite a stir. Predictably, it now has its own Twitter account. But there’s a serious point behind the hirsute hilarity: the past couple of years have seen the tech titans dragged more and more into the public eye. The Senate hearing was about Section 230, a controversial provision in American law that effectively absolves social media companies from responsibility for the “third-party” content that’s published on their sites, and it also featured Facebook’s Mark Zuckerberg and Alphabet’s Sundar Pichai. Dorsey came under the heaviest questioning, though, particularly from the committee’s Republican members – although this kind of attention isn’t going to disappear if the Democrats take over next week.


Our planet environment, natural resources, geopolitics

Seascrapers
It would loom over the Empire State Building, dwarf the Eiffel Tower, and embarrass The Shard. No, not the Burj Khalifa, but a 500m-high coral reef found in Australia’s Great Barrier Reef. Its emergence only now suggests just how much of the ocean remains unexplored (more than 80 per cent, according to the US National Ocean Service) and just how large the Great Barrier Reef is (covering an area 40 per cent bigger than the UK). A team of scientists discovered the reef while conducting 3D-mapping of the seafloor in the area. They are on a roll: back in April, the same team also discovered the longest recorded sea creature, a 46-metre siphonophore, twice as long as a humpback whale. But against the wonder of new discovery, a reality check: we’ve lost half of our coral reefs in the past 20 years.


The 100-year life health, education, living, public policy

The latest prognosis
Covid-19 infection rates across England are growing rapidly, according to the latest results of Imperial College London’s REACT-1 study. Their data suggest that 96,000 people are infected every day and that number is doubling every nine days. Professor Steven Riley, one of the authors of the report, told the BBC that current measures to contain the spread of the virus are “not sufficient” and that there “has to be a change before Christmas”. It’s sobering news but not unexpected. What we need now is quick and decisive action from government, otherwise we’re staring down the barrel of a winter crisis with rising hospitalisations and deaths.


Belonging identity, society, beliefs, countries

Enough is enough
“I won’t survive it, I know. Not this time. Enough is enough, I can’t do more. I am so desperate.” Those are the words of Nazanin Zaghari-Ratcliffe, a British-Iranian woman imprisoned in Iran since 2016, who faces a return to prison after months under house arrest in Tehran. Iranian authorities will try Zaghari-Ratcliffe under new charges on Monday, after which she will be incarcerated once again. This case has been brought just days after UK courts delayed a hearing about the country’s £400 million debt to Iran over a cancelled arms deal, although both countries deny the link. Last year, Tortoise spoke to Zaghari-Ratcliffe’s husband Richard about the family’s ordeal. And in September we reported on the brutality of Evin prison, where she has been held for most of the past four years. At the centre of this diplomatic issue is a desperate family. Zaghari-Ratcliffe’s return to them is long overdue.

Thanks for reading, and do share this around.

Kim Darrah
@Kimgidarrah

Charlotte Soin

Additional reporting by Xavier Greenwood, Ella Hill and Peter Hoskin.

Photographs Getty Images and Schmidt Ocean Institute

Corrections

In yesterday’s Sensemaker email, one sentence incorrectly implied that Apple was paying money to Google to have Google as the default search engine on iPhones – when, in fact, the money has gone the other direction. This has been corrected in the online version of yesterday’s Sensemaker.

Some readers couldn’t click through to yesterday’s Opinion piece by James D. Zirin on the appointment of Amy Coney Barrett to the US Supreme Court. Here is a working link.