Electoral math is the reason.
This is an article about how Obama has a good amount of electoral college advantages.
Obama has many paths to 270 and a good amount of wiggle room whereas Romney has to capture the overwhelming amount of swing states. Obama can win with just a few. For instance, if Obama held the states that Kerry won in 2004, he could win simply by beating Romney in Florida. If he didn't have Florida, he could win with Ohio, New Mexico, and either Colorado/Nevada. There are even combinations in which he wouldn't need either. For instance, if he held the Kerry states and won Colorado, New Mexico and North Carolina or Virginia. Romney really can't afford to lose either Ohio or Florida.
Compounding this problem is Romney's current problem amongst women voters.
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