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UPDATE II: "The reason the fiscal cliff is such a threat to 2013?s economy isn’t that it’s too little deficit reduction — it’s that it’s too much all at once, totaling about $720 billion, or 5.1 percent of GDP in a single year, which could throw the economy into recession.
Republicans agree on that. Democrats agree on that. And in agreeing on that, both sides appear to be embracing an argument that’s been rather contentious in recent years: that fiscal stimulus boosts short-term economic growth and budget cuts hurt it."
Read the Washington Post, Worried about the fiscal cliff? Then you’re a Keynesian.
You can bet that if the Republi-cons win the election, budget deficits will no longer be an issue.
UPDATE: "Increasingly, the evidence suggests that the United States has come out of the financial crisis of 2008 in better shape than its peers — because of the actions of its government." Read the Washington Post, The U.S. economy is recovering well.
UPDATE VIII: "In recent days, the vibe emanating from Mitt Romney’s campaign has grown downright giddy. Despite a lack of any evident positive momentum over the last week — indeed, in the face of a slight decline from its post-Denver high — the Romney camp is suddenly bursting with talk that it will not only win but win handily. (“We’re going to win,” said one of the former Massachusetts governor’s closest advisers. “Seriously, 305 electoral votes.”)
This is a bluff. Romney is carefully attempting to project an atmosphere of momentum, in the hopes of winning positive media coverage and, thus, creating a self-fulfilling prophecy." Read New York Magazine, Romney Says He’s Winning — It’s a Bluff.
Also, read The Atlantic, Despite a Strong Debate Campaign, Romney's Path to 270 Remains Steep, which notes "[n]ational polls show a tight race, but the campaign has stabilized and the map still favors Obama. . .
If Obama carries Ohio and Wisconsin, where he is ahead in most polling, he gets the 270 with one electoral vote to spare, so Romney could sweep Colorado, Florida, Iowa, and New Hampshire and still come up short. No matter how you cut it, Ohio is the pivotal state, and it isn't just the history of having gone with every winner from 1964 on and with no Republican ever capturing the White House without it.
To be sure, this race is so close that it clearly can go either way, but the Obama electoral path looks less steep than the one Romney must traverse, and the final debate seems unlikely to have altered that fact."
UPDATE VII: If forecasts are correct there are now only seven of an original nine battleground states left to be decided: "Ohio, Iowa, Colorado, Virginia, New Hampshire, Florida and Wisconsin." Read Politico, 2012: The battle for 7 states.
From below you'll note that the swing state most likely to flip to Romney was North Carolina, and it is expected to. However, it appears that Nevada will not. And according to that earlier estimate, if Romney can't win Ohio, Wisconsin, or New Hampshire he won't get at least 270 electoral votes.
UPDATE VI: For up-to-the-date polling on the election and who is favored to win, see Real Clear Politics, General Election: Romney vs. Obama, which includes links to Electoral College predictions.
UPDATE V: "Four stories are at the heart of any campaign. If you understand them, you know who controls the message — and with it, perhaps the election. These stories make up what campaign strategists call the 'message grid,' which has four quadrants. The first two comprise the positive stories the candidates are telling about themselves; the other two feature the negative stories each candidate is telling about the other.
In some elections, one quadrant of the grid dominates the conversation — for example, when the economy or a candidate is particularly strong or weak. Campaigns jostle for position on the grid, trying to emphasize the stories they prefer and to alter elements of the stories their opponents are effectively telling. In 2008, the stars were aligned for a new and exciting candidate to tell a story about hope and change after eight years of fear and loathing, skillfully turning his 'different-ness' into an asset.
But 2012 is not 2008. This year, the stories President Obama and Mitt Romney can tell about themselves are just not that compelling. In contrast, the stories they have to tell about each other are far more powerful."
Read the Washington Post, The candidates’ message: I might be so-so, but the other guy is terrible.
UPDATE IV: Read the Washington Post, Forecasting the election: Most models say Obama will win. But not all.
UPDATE III: "[T]he campaigns themselves don’t much care about national polls. They’re focused on 8-12 battleground states. That’s pretty much all they care about. And they have a lot of information on what’s going on in those states. . .
[The] list the swing states from most likely to flip to Romney to least likely to flip to Romney:
1. North Carolina
2. Iowa
3. Florida
4. Colorado
5. Virginia
6. Nevada
7. Ohio
8. Wisconsin
9. New Hampshire
Their conclusion:
'What’s striking about this list is if you give Romney the Top 4 (NC, IA, FL, and CO) that only gets him to 250 electoral votes. And if you give him the next two on the list (VA and NV), he’s still one short of 270 (bringing us to that 269-269 tie). That means he has to put one of Ohio, Wisconsin, or New Hampshire into the mix to get past 270. Bottom line: Romney’s map to 270 is more than doable, but it’s also a high-wire act.'
Read the Washington Post, Romney’s tough road to 270.
UPDATE II: National polls show Obama leading Obamney by an average of 1.3%. But a more complicated analysis estimates Obama's lead at about 3.5%. Why?
Because, the "United States of America is a constitutional republic made up of 50 states and the District of Columbia."
Read The New York Times, State and National Polls Tell Different Tales About State of Campaign.
UPDATE: The latest prediction, from the Washington Post:"The first look at the 2012 FiveThirtyEight presidential forecast has Barack Obama as a very slight favorite to win re-election. But his advantage equates to only a two-point lead in the national popular vote, and the edge could easily swing to Mitt Romney on the basis of further bad economic news.
UPDATE IV: "After an evening of light-hearted jabs, President Barack Obama returned to his cutting criticism of rival Mitt Romney Friday, accusing the GOP nominee of forgetting the hard right positions he took during the GOP primary in order to seem more moderate.
Obama, speaking at a rally in the Northern Virginia suburb of Fairfax, told the crowd his opponent was suffering "Romnesia" after seeming to change his position on contraception, coal, equal pay, and taxes."
Read CNN, Obama diagnoses 'Romnesia'.
UPDATE III: "Scrubbing one’s brain clean of previous positions has been Mitt Romney’s stock in trade. In fact, his foreign-policy speech Monday to the Virginia Military Institute was one long gargle-and-rinse of the candidate’s previous positions.
Last year, Romney called the Obama administration’s intervention in Libya 'mission creep and mission muddle.' On Monday, he accused Obama of declining to use 'America’s greatest power to shape history' and of eschewing 'our best examples of world leadership' in that same corner of the world.
Last year, Romney said American troops 'shouldn’t go off and try to fight a war of independence for another nation. Only the Afghanis can win Afghanistan’s independence from the Taliban.' On Monday, he spoke of that same conflict as a matter of the utmost national importance, saying the route to 'attacks here at home is a politically timed retreat that abandons the Afghan people to the same extremists who ravaged their country and used it to launch the attacks of 9/11.'
Last year, Romney reversed his earlier support for the Iraq war, saying, 'If we knew at the time of our entry into Iraq that there were no weapons of mass destruction . . . obviously we would not have gone in.' On Monday, he was back to his original view, accusing the Obama administration of an 'abrupt withdrawal' from Iraq and portraying the situation there as part of 'a struggle between liberty and tyranny, justice and oppression, hope and despair.'
Just a few months ago, Romney said 'there’s just no way' to achieve peace between the Israelis and Palestinians because Palestinians are 'not wanting to see peace.' He said it was necessary to 'recognize this is going to remain an unsolved problem.' On Monday, he said he would 'recommit America to the goal of a democratic, prosperous Palestinian state living side by side in peace and security' with Israel.
Rub-a-dub-dub! Four positions got scrubbed."
Read the Washington Post, A scrubbing on foreign policy.
Read also, Slate, Mitt Romney’s Most Dishonest Speech.
UPDATE II: "Romney isn’t an ideological moderate. He’s a pragmatic executive. When he needs to govern from the center, he does. When he needs to lurch to the right, off he goes. So if you want to know how he’ll govern, don’t listen to what he says. Look at who he has reason to fear." Read the Washington Post, Moderate Mitt isn’t so moderate.
UPDATE: Old Obamney couldn't win, so meet new Obamney, who has a history "of shifts, equivocations, and reversals, coupled with ongoing revisions of his image and his autobiography". Read New York Magazine, Can Obama Discredit the New Romney.
UPDATE IV: "Imagine a presidential candidate who spoke with blunt honesty about American problems, dwelling on measures by which the United States lags its economic peers. . .
[Talk of American exceptionalism] may inspire some people and politicians to perform heroically, rising to the level of our self-image. But during a presidential campaign, it can be deeply dysfunctional, ensuring that many major issues are barely discussed. Problems that cannot be candidly described and vigorously debated are unlikely to be addressed seriously. In a country where citizens think of themselves as practical problem-solvers and realists, this aversion to bad news is a surprising feature of the democratic process."
Read The New York Times, The Opiate of Exceptionalism.
UPDATE III: "The Anthony Weiner story is really about narcissism." Read The New York Times, The Online Looking Glass.
UPDATE II: "America needs to adjust its message to college graduates." Read The New York Times, It’s Not About You.
UPDATE: American 'exceptionalism' "discourages compromise, for what God has made exceptional, man must not alter. And yet clearly America must change fundamentally or continue to decline. It could begin by junking a phase that reeks of arrogance and discourages compromise. American exceptionalism ought to be called American narcissism." Read the Washington Post, The myth of American exceptionalism.