The ten best US election stats

Including, how the Democrats have won the popular vote in five of the last six elections.

1. Barack Obama is the first US President since Franklin D. Roosevelt to win re-election with unemployment above 7.2 per cent. The jobless rate is currently 7.9 per cent, 0.7 per cent higher than the rate when Ronald Reagan won a second term in 1984. Roosevelt secured re-election in 1936 with unemployment at 16.6 per cent.

2. Based on exit polls, Obama won 93 per cent of the black vote, 73 per cent of the Asian vote, 71 per cent of the Hispanic vote and 39 per cent of the white vote. Nate Silver notes that "forty-five percent of those who voted for Mr. Obama were racial minorities, a record number".

3. Mitt Romney and Paul Ryan are the first presidential ticket to lose both candidates' home states (Massachusetts and Wisconsin) since 1972 Democrat candidates George McGovern (South Dakota) and Sargent Shriver (Maryland).

4. Defying conservative predictions that he would win the Electoral College but lose the popular vote, Obama currently has 58,532,508 votes (50.2 per cent) to Romney's 56,353,802 (48.2 per cent).

5. Obama's re-election marks the first time the US has had three two-term presidencies in a row since Thomas Jefferson, James Madison and James Monroe.

6. As the Democrats quipped, "we've got ballots full of women". It was the female half of the US population that secured Obama's re-election, voting by 55 per cent to 44 per cent for the US president. Men, by contrast, voted for Romney by 52 per cent to 45 per cent.

7. The Democrats have won the popular vote in five of the last six presidential elections (1992, 1996, 2000, 2008 and 2012). Al Gore won the popular vote against George W. Bush in 2000 by 543,895 (0.5 per cent) but lost the Electoral College to Bush by five votes (271 to 266).

8. Obama polled strongest among 18-29-year-olds (60 per cent), whilist Romney polled strongest among the over-65s (56 per cent).

9. Fifty six per cent of self-described "moderates" voted for Obama along with 86 per cent of liberals. Eighty two per cent of conservatives voted for Romney.

10. Obama's victory tweet - "Four more years" - has had 563,281 retweets and 189,641 favourites, making it the most popular tweet ever.

Barack Obama and family arrive on stage in Chicago, Illinois. Photograph: Getty Images.

George Eaton is political editor of the New Statesman.

Photo: Getty Images
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Autumn Statement 2015: whatever you hear, don't forget - there is an alternative

The goverment's programme of cuts is a choice, not a certainty, says Jolyon Maugham.

Later today you will hear George Osborne say there is no alternative to his plan to slash a further £20bn from lean public services by 2020-21. He will also say that there is no alternative to £9bn cuts to tax credits, cuts that will hit the poorest hardest, cuts of thousands of pounds per annum to the incomes of millions of households.

But there is.

As I outlined here the Conservatives plan future tax cuts which benefit, disproportionately or exclusively, the wealthy. Suspending those future tax cuts for the wealthy would say, by 2020-21, £9.3bn per annum.

I also explained here that a mere 50 of our 1,156 tax reliefs cost us over £100bn per annum. We don't know how much the other 1,106 reliefs cost us - because Government doesn't monitor them. And we don't know what public benefit they deliver - because Government doesn't check.

What we do know, as I explained here, is that they disproportionately and regressively benefit the wealthy: an average of £190,400 per annum for the wealthiest.

And we know, too, that they include (amongst the more than 1,000 uncosted reliefs) the £1bn plus “Rights for Shares Scheme” - badged by the Chancellor as for workers but identified by a leading law firm as designed for the wealthiest.

Simply by asking a question that the Chancellor chooses to ignore - do these 1,156 reliefs deliver value for money - it is entirely possible that £10bn or more extra in taxes could be collected without any loss of  public benefit

To this £19bn, we might add the indiscriminate provision - both direct and indirect - of public money to wealthy pensioners.

Those above basic state pension age enjoy a tax subsidy of up to 12% on earned income.

Moreover, this Office for National Statistics data (see Table 18) reveals that the 10% of wealthiest retired households - some 714,000 households - have gross pre-tax and pre-benefit private income of on average £43,983. Yet still they enjoy average cash benefits from government of £11,500 per annum.

Means testing benefits to exclude that top 10 per cent of retired households would save £8.2bn per annum. And why, you might wonder aloud, should means testing be thought by the government appropriate for the working age population, yet a heresy for retired households?

Add in abolition of that unprincipled tax subsidy and you'll save even more. 

So there are alternatives. Clear alternatives. Good alternatives. Alternatives that enable those with the broadest shoulders to bear some share of the pain. Don't allow yourself to be persuaded otherwise.

Jolyon Maugham is a barrister who advised Ed Miliband on tax policy. He blogs at Waiting for Tax, and writes for the NS on tax and legal issues.