Now that Michigan, Iowa, and New Hampshire, Wisconsin, Minnesota, New Mexico and Oregon seem to trending blue, we appear to be heading toward a likely 264 electoral votes (270 needed).
So the question is this: which "red" states does Obama have a shot at winning?
Yes, there are many possibilities, but let's be super-realistic.
We have 3 good shots at it: OH, CO, and VA, maybe 4 if you include Indiana. Florida and Nevada are also possibilities, but Obama's been polling behind there overall.
Obama's best shot seems to be CO (9EV) or Ohio (20EV). He's currently ahead in both states, but only by a small margin. He's tied in IN and VA.
We can expect the past history in all the red states to indicate that their numbers in November will probably be higher than the current polls indicate (something like what's called regression to the mean).
Thus, we can't feel comfortable about our chances unless Obama starts to poll consistently more than 5% higher than McCain. If Obama is ahead in Ohio by 4%, the past trends in Ohio will probably pull the number closer to 0%. Even a 5% lead in the polls isn't safe, but a 6% lead would probably be reason to start becoming more relaxed about things.
The bottom line is that Obama won't win the election without 5 more EVs that we currently seem to have lined up (if we stay strong in MI, IA, NH, WI, MN, NM, and OR). NV and FL look tough. IN and VA are possible, but it's tied there now, and those are red states historically.
Thus, our best chance is in CO or OH, and we're only a couple of points ahead in both states - actually, the most recent polling suggests that Obama and McCain might be tied in Ohio now.
Put that together with McCain's big advantages ($50 million that the RNC will pump into the election, and the 527s that have already started trying to trash Obama, and inevitable Rovian dirty tricks, October surprises, etc.), and factor in that the RNC convention comes after the DNC convention once again, and it appears that this election is anything but locked up.
Until the past 2-3 days of polling, there seemed to be room for a tiny bit of complacency, but the most recent data suggest that it's going to be a very difficult challenge to win in Nov, even though LA Times/Bloomberg poll now has Bush at only 23% approval.
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