So far the popular vote has gone back and forth several times. I don't recall seeing the difference between the candidates being greater than 3 percent as I have expected. The voter turnout has been higher, averaging about 10% more than in 2004.
Currently the total is 50% to 49% in favor of Obama. Roughly at 21 million apiece.
The results of an Obama win are far reaching, but I think not in the manner that some might be hoping for. I know of some people that voted for Obama because he is Black, and yet can't name a single policy Obama has. I know some that have pushed all their friends to vote, in favor of Obama, and can't name anything Obama has done since elected to the Senate.
Many expect race relations to improve quickly under an Obama Presidency. In fact early exit polls stated that 47% believed this. That is unlikely unless Obama plans to socialize the police departments of cities like New York City, Los Angeles, Philadelphia and others. Which I would not be surprised if he did.
The expectation of higher taxes are equally high, 70% in fact expect this. And it will happen. But I believe that anyone who does not expect those taxes to hit the middle class, or impact jobs, has not listened closely to what Obama has said.
At 10:07 Obama leads the electoral vote at 207 vs 129 to McCain. Again that does not reflect the tightness of the popular vote.
But Democrats have picked up 4 Senate seats and 1 in the House. So expect Nancy Pelosi to jump at passing another stimulus package, for $300 million, in January. Add that to the over $1 trillion spent this year to bailout brokerages and Fannie Mae and Freddie Mac. The tax bill is going to be a whopper \once you add on the 837 billion in new spending Obama wants.
Suffice to say I am not happy. But if Obama wins I will support him. And I will be elated to have seen a Black President in my lifetime.
More at VASS shortly
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