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By Mr. Curmudgeon:
Computers at the University of Colorado have crunched data from all fifty states and are picking a winner in the 2012 presidential race – Republican Mitt Romney. Before you dismiss the computer’s binary conclusion as wishful thinking, the same program has accurately predicted presidential winners beginning with Ronald Reagan’s stunning and satisfying victory over Jimmy Carter in 1980. If that is not impressive enough for you, the program also predicted that in the election of 2000, Al Gore would win the popular vote but lose to George W. Bush in the Electoral College.
If you happen to reside in a swing state (I live in Florida), you cannot help but notice President Obama’s campaign commercials are shrill and, well, a tad panicky. One pro-Obama spot asks me, in effect, to hate Romney because he pays an 18% capital gains tax rate. I just wish the Republican Party would come out for an18% flat tax to jump-start our dying economy. Given enough time, however, the Tea Party will oust enough RINOs that it won’t be too long before a flat tax becomes a key issue for the so-called “conservative” party.
Back at the University of Colorado, political science professor Michael Berry, co-creator of the presidential-predicting software, stated, “The president is in electoral trouble,” but he threw Obama a bone. “The economy has seen some improvement since President Obama took office,” said Berry, “What remains to be seen is whether voters will consider the economy in relative or absolute terms. If it’s the former, the president may receive credit for the economy’s trajectory and win a second term. In the latter case, Romney should pick up a number of states Obama won in 2008.”
It falls to Obama’s media boosters to convince America’s unemployed, the masses upside-down on their mortgage and facing foreclosure, the dwindling middle-class and those newly added to the welfare rolls that the greatest economic calamity since the Great Depression is really a “sluggish recovery.”
Just in case you’ve been living under a rock the past few weeks, here’s a news update: Thanks to the efforts of the world’s big-government stimulators, we are entering a global recession. “2 percent [U.S.] growth is not a recovery,” says CNBC host Larry Kudlow, “Many economists would call it a growth recession. When you get that low, there’s little margin for error. A shock from Europe … or almost any unexpected event could push us back into negative territory for an official double-dip recession.”
For team Obama, happy days are not here again.