(Photo: Mr. Romney’s trip to the swing state of Virginia on Saturday included a scheduled appearance at the start of the Sprint Cup Series Nascar race in Richmond.)
Suddenly the RomneyRyan camp is launching ads in WI, after Devin Nunes reported to me that there was an announcement for all swing states except WI, MI, and PA. There's more to this match than the opening moves. OFA is enjoying a post convention response (the CV word is "bounce") to push POTUS into a surprisingly strong lead for the first time all year. Nate Silver argues that this margin may well last into October. Puzzle if this margin is the result of Michelle Obama's celebration of good feelings and Bill Clinton's hootenanny. The BLS report is not in the polling averages until starting Sunday and continuing for the next week. It is time to watch for the RomneyRyan repackaging of the BLS.
Fed QE3
Also, this coming week is the run-up to the long expected QE3, and when the Fed speaks, the elections listens. That Mr. Bernanke needs to print more money is not a show of confidence in the Obama administration's fiscal policies. By next weekend, there will be a dreary collection of weak economic reports. These facts are the election, if and when Mr. Romney makes the case. Am told that the most undecided of voters are the middle class middle-aged who voted for Obama in 2008 and are now struggling the most to pay bills and keep jobs. This is a small group, but it is where the election will turn. That the the turn-out of the young. Mention that the student loan burden is now at $1 trillion and climbing at $3000.00 a second. Read tonight that 1 in 6 student loans are in default. This is a bubble, and it's bursting is a threat for next year. Those undecided voters are most likely a goodly percentage of the parents trying to maintain the student loans for their children. (Photo: Romney at a NASCAR event in Richmond, Virginia)