Alan Abramowitz: “The fate of the incumbent party’s candidate is strongly influenced by the popularity of the outgoing president. In fact, the incumbent president’s approval rating explains over half of the variance in the vote share of his party’s nominee. All three candidates seeking to succeed presidents with approval ratings below 50% were defeated, and the two seeking to succeed presidents with approval ratings below 40% were decisively defeated. In contrast, two of the three candidates seeking to succeed presidents with approval ratings above 50% won the popular vote, although one of those candidates, Al Gore in 2000, ended up losing the electoral vote.”

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