The closest comparison we have to a race where multiple candidates have functionally unlimited $ to throw at Iowa is actually 2008 Ds
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Most noteworthy item in that data, and relevant to Biden's "electability" in 2020, is that 08' voters considered Obama and John Edwards equally electable just one month before Obama won the Iowa Caucus, and about 6 weeks before Edwards ended his campaign.
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I wonder what the numbers were (and are now for current candidates) for the question "Do you think the following candidate can be elected president?" Most electable candidate might not mean as much if several candidates are seen as pretty electable.
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