To add insult to injury, the elite media bashed Matt Drudge for supposedly posting information saying the exit polls showed Walker safely winning, declaring the polls to show the race as very tight. Turns out the exit polls they referred to were wrong. Perhaps we should just go to The Drudge Report to get the accurate information from now on.
I continue to contend that exit polls are darn close to useless. I prefer polling a base model and then taking key county or even precinct results as early numbers arrive in order to project a winner. It works better and actually can often be released with a better sense of accuracy than these horrible exit polls that the media are often afraid to release.
Considering the exit polls the media relied on showed a razor-thin difference between Walker and his Democratic opponent, Milwaukee Mayor Tom Barrett, the logic behind some huge lead for Obama, produced by the same exit polls, melts away. Walker defeated Barrett by seven-point margin.
Apply that same analysis to Obama's seven-point lead in the same exit polls and the race in Wisconsin is actually closer to being dead even. Wisconsin is hardly a bastion of Republican power or conservative might, yet it is even up for grabs. And this says much more about all of the polls and predictions we have seen to date.
In order for an exit poll to truly have any value, it must somehow take the various selected precincts from which information is gathered and attempt to place it in some "model" that reflects party identification, age, race and gender proportions normally seen or expected for a certain statewide race. My guess is that these polls likely skewed stronger towards younger voters and perhaps Democrats than was the actual turnout.
This would suggest that pollsters who are "weighting" their polls in other states, particularly the critically close swing states such as North Carolina, Florida and Ohio, might want to reexamine their allocation of young voters as well as consider increasing their proportion of "independent" voters that they use as they process the raw data they collect.
In Honor of His 103rd Birthday, Here Are The 20 Best Quotes From The Late, Great Milton Friedman | John Hawkins