Mitt Romney isn't losing the election - yet

Despite a narrative emerging of Romney's failure, Obama remains weak on the economy.

A new narrative is taking shape just over 40 days before Election Day: Mitt Romney is losing. That's expected as well as premature, but it's easy to see why so many on the left and right are calling this a wrap.

Romney's polling numbers stayed essentially flat after the Republican convention. Ditto after he picked US Representative and self-styled "fiscal hawk" Paul Ryan as his running mate. Romney looked like an craven opportunist after the ambassador to Libya was killed. And a video showing him despising and dismissing half of America as victims, moochers and ne'er-do-wells inspired one Bloomberg columnist to write this headline: "Today, Mitt Romney Lost the Election."

President Barack Obama, for his part, has enjoyed a steady rise in his favorability ratings since the Democratic convention, a marked turnaround from the last year. Since the DNC, Obama has raised the idea that a second term would mean less intransigence from Congressional Republicans. He told supporters in Wisconsin recently that reelection would "break the fever" of partisanship and that "only you can break the stalemate," according to the LA Times. Wishful thinking perhaps, but not inconceivable if he wins by a landslide.

There is evidence to suggest as much.

Obama is widening his lead swing states like Ohio. Even if Romney wins all the other states won by George W. Bush in 2004, if he loses Ohio, he'll only have 263 Electoral College votes (you need 270 to win).

Moreover, Talking Points Memo's poll tracker shows Obama with 328 Electoral College votes while Romney has 191. He broke 200 for the first time last month, but Obama has remained over 200 for months.

Nate Silver, of the New York Times, gives Romney 228 Electoral College votes, but only a 22 per cent chance of winning. For Obama? Silver gives the president a more than 77 per cent chance. Silver also says the probability that Obama gets 330 Electoral College votes is nearly 17 per cent. That Romney gets 270? Slightly more than zero.

All of which is why conservatives, not for the first time (I have lost track of how many times), are exhibiting a crisis of confidence in Romney. The more that Romney trails Obama in the polls, the more the GOP's radical conservatives want him to take the gloves off. And the more they want him to take the gloves off, the worse it gets for Romney, because middle-of-the-road voters don't like the GOP's radicalism (eg the American Association of Retired Persons booed Paul Ryan for vowing the repeal "Obamacare"). Scott Walker, the governor of Wisconsin, the state Ryan represents, gave voice to the crazies when he said:

I thought [picking Ryan] was a signal that [Romney] was getting serious, he’s getting bold, it’s not necessarily even a frustration over the way Paul Ryan’s been used but rather in the larger context. I just haven’t seen that kind of passion I know Paul has transferred over to our nominee, and I think it’s a little bit of push-back from the folks in the national campaign. But I think for him to win he’s gotta [do] that.

TPM's Josh Marshall summed up the effect:

[T]he drip drip drip of casual disrespect for Romney from supposed supporters and the assumption that he’s a bad candidate who’s destined for defeat is no joke. It sows bad morale, becomes an intra-party distraction and source of conflict and confirms the settling idea that Romney’s a loser.

That makes it harder for Romney to turns things around, Marshall says, but maybe he doesn't want to. "[His campaign] doesn't need a turnaround," he told 60 Minutes over the weekend. "We've got a campaign which is tied with an incumbent president to the United States." He added: "I've got a very effective campaign."

Well, that's debatable given all of the above, but what's more certain is that Romney has a point. He is tied. Despite all the polls showing him behind the president, the two daily tracking polls - Gallup and Rasmussen - show that Romney remains in a tight race with Obama. Both are within the margin of error. Granted, the popular vote, which the tracking polls attempt to measure, is not as important ultimately as Electoral College, but that tightness suggests that all the drama over Romney's losing the race is overblown. And Mitt isn't losing. Yet.

Which shouldn't be surprising. The economy remains Obama's biggest weakness. It is improving, yes, but too slowly to matter by November. Voter suppression, in the name of preventing voter fraud, meanwhile threatens Obama's chances in Pennsylvania and Florida. And Romney has a lot more money than Obama, as do his Super PAC buddies.

This is why the Obama campaign is worried. Not so much because it can't surmount these obstacles, but because voters might become complacent if this new narrative about Romney's losing takes hold.

As Obama's campaign manager, Jim Messina, recalled saying:

Ignore the polls. There are always going to be polls showing us up. There are always going to be polls showing us down. None of that matters. What matters is your voter contacts in your state.


Mitt Romney. Photograph: Getty Images

John Stoehr teaches writing at Yale. His essays and journalism have appeared in The American Prospect, Reuters Opinion, the Guardian, and Dissent, among other publications. He is a political blogger for The Washington Spectator and a frequent contributor to Al Jazeera English.


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Is anyone prepared to solve the NHS funding crisis?

As long as the political taboo on raising taxes endures, the service will be in financial peril. 

It has long been clear that the NHS is in financial ill-health. But today's figures, conveniently delayed until after the Conservative conference, are still stunningly bad. The service ran a deficit of £930m between April and June (greater than the £820m recorded for the whole of the 2014/15 financial year) and is on course for a shortfall of at least £2bn this year - its worst position for a generation. 

Though often described as having been shielded from austerity, owing to its ring-fenced budget, the NHS is enduring the toughest spending settlement in its history. Since 1950, health spending has grown at an average annual rate of 4 per cent, but over the last parliament it rose by just 0.5 per cent. An ageing population, rising treatment costs and the social care crisis all mean that the NHS has to run merely to stand still. The Tories have pledged to provide £10bn more for the service but this still leaves £20bn of efficiency savings required. 

Speculation is now turning to whether George Osborne will provide an emergency injection of funds in the Autumn Statement on 25 November. But the long-term question is whether anyone is prepared to offer a sustainable solution to the crisis. Health experts argue that only a rise in general taxation (income tax, VAT, national insurance), patient charges or a hypothecated "health tax" will secure the future of a universal, high-quality service. But the political taboo against increasing taxes on all but the richest means no politician has ventured into this territory. Shadow health secretary Heidi Alexander has today called for the government to "find money urgently to get through the coming winter months". But the bigger question is whether, under Jeremy Corbyn, Labour is prepared to go beyond sticking-plaster solutions. 

George Eaton is political editor of the New Statesman.