The Independent Market Observer

What It Would Take to Rig the U.S. Election

Posted by Brad McMillan, CFA®, CFP®

Find me on:

This entry was posted on Oct 21, 2016 3:41:31 PM

and tagged In the News

Leave a comment

U.S. ElectionThe headlines this week are all about Donald Trump’s refusal to accept his potential defeat in the U.S. presidential race. He has reserved the right to contest the results of the election, doubling down on his claims that the process is rigged. Although this is the first time the issue has arisen in the presidential forum, claims of data rigging have been quite common in recent years.

What would it actually take to rig an election or a data set, and how large is the risk?

A pretty tough feat to pull off

Let’s start with the election. There really is no national election, at least in a mechanical sense, but rather 50 state elections. So rigging “the election” would amount to 50 separate attempts to rig the state elections. Of those 50 elections, 34 are in states controlled by Republican governors, while 31 states have legislatures controlled by the Republican party. Rigging the election on behalf of the Democratic candidate would be difficult when the electoral machinery is largely controlled by the opposite party.

Looking at the county and municipal level, it’s the same story. Many areas would be governed by the party not in on the rigging. And even in an area dominated by one party, you would have to assume that no individuals of the opposite party would step forward as whistleblowers.

Accusations of rigging economic data, principally the unemployment rate, have been made as as well. The arguments above apply here, too. To rig the unemployment rate would take a concerted effort, by a civil service organization, to bias the results. You would have to assume that everyone in the organization would be willing to take that risk and that no one would blow the whistle. Given the difficulties most organizations have just doing what they are supposed to do, that’s a big stretch.

Winning the election honestly would be easier

In short, in any widely dispersed system that's dependent on a variety of procedures and people, it is very difficult (if not impossible) to systemically rig something without being detected and denounced. Rigging the U.S. election would essentially require a conspiracy that involves a majority of the country, including Republicans across the nation. If a candidate could pull that off, wouldn’t it just be easier to win the election fair and square?

The only conceivable way rigging the election might work would be via a single point of control, ideally one that could be influenced remotely without human intervention—which brings us to technology.

The U.S. electoral system does not qualify as easily disruptable in general, but there is one piece that might—the electronic voting machines. This is a real risk, as Wired magazine recently pointed out, but even that risk is limited. Three-quarters of the country will use paper ballots; half of all states conduct post-election auditing; and only five states use direct electronic voting, according to VerifiedVoting.org. The risk presented by voting machines is not, however, the risk that people are talking about.

In short, the concern about a rigged election is similar to many of the end-of-the-world scenarios that I debunk here. While lots of things might happen, most of them don’t. Keep calm and carry on.

  Subscribe to the Independent Market Observer

Subscribe via Email

New call-to-action
Crash-Test Investing

Hot Topics



New Call-to-action

Conversations

Archives

see all

Subscribe


Disclosure

The information on this website is intended for informational/educational purposes only and should not be construed as investment advice, a solicitation, or a recommendation to buy or sell any security or investment product. Please contact your financial professional for more information specific to your situation.

Certain sections of this commentary contain forward-looking statements that are based on our reasonable expectations, estimates, projections, and assumptions. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Past performance is not indicative of future results. Diversification does not assure a profit or protect against loss in declining markets.

The S&P 500 Index is a broad-based measurement of changes in stock market conditions based on the average performance of 500 widely held common stocks. All indices are unmanaged and investors cannot invest directly in an index.

The MSCI EAFE (Europe, Australia, Far East) Index is a free float‐adjusted market capitalization index that is designed to measure the equity market performance of developed markets, excluding the U.S. and Canada. The MSCI EAFE Index consists of 21 developed market country indices.

One basis point (bp) is equal to 1/100th of 1 percent, or 0.01 percent.

The VIX (CBOE Volatility Index) measures the market’s expectation of 30-day volatility across a wide range of S&P 500 options.

The forward price-to-earnings (P/E) ratio divides the current share price of the index by its estimated future earnings.

Third-party links are provided to you as a courtesy. We make no representation as to the completeness or accuracy of information provided on these websites. Information on such sites, including third-party links contained within, should not be construed as an endorsement or adoption by Commonwealth of any kind. You should consult with a financial advisor regarding your specific situation.

Member FINRASIPC

Please review our Terms of Use

Commonwealth Financial Network®