This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

It's Not Just the Economy, Mr. Romney

NEW YORK ( TheStreet) -- Among Republicans, it is an article of faith that high unemployment and voter disapproval of President Obama's handling of the economy should put Governor Mitt Romney in the White House. Unfortunately, Republicans fail to grasp that challengers must offer a compelling alternative to unseat an incumbent. Plus, other issues matter more to voters than party leaders care to recognize.

Romney's platform lays out detailed proposals to improve U.S. competitiveness, develop more domestic energy, streamline regulations and lower health costs, but those are too complex to capture voter attention.

On the stump, it's the usual Republican message -- lower taxes, deregulation and free trade. In Ronald Reagan's time, that was a winning strategy, but the country has changed.

African Americans and Hispanics are a growing share of registered voters, many with strong allegiance to progressive values and critical to the outcome in some swing states. The latter are frightened by many Republicans' views on immigration.

Republican opposition to abortion and guaranteed free access to women's health care services is easily cast by liberal talk show personalities as a Republican war on women.

According to most polls, President Obama is winning the popular vote by a small margin but more importantly, he is ahead in seven of eight battleground states still up for grabs.

Real Clear Politics' compilation of the various polls has President Obama ahead in 19 states and the District of Columbia -- together those would deliver 247 of the 270 electoral votes needed to win. Governor Romney is ahead in 23 states, garnering 191 electoral votes.

That leaves Colorado, Florida, Iowa, Ohio, Nevada, New Hampshire, North Carolina and Virginia to determine the election. President Obama leads in all those states, except North Carolina where Governor Romney's margin is less than 1%.

If Romney delivers a more convincing economic message and reassures seniors he will shore up Social Security and Medicare in ways that do not threaten them, he should snag the close states. In Florida, Iowa and North Carolina, President Obama currently enjoys a margin of less than 2%, and securing those would give Romney 241 electoral votes.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAPL $113.29 0.00%
FB $91.01 0.00%
GOOG $630.38 0.00%
TSLA $248.48 0.00%
YHOO $33.14 0.00%

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs