http://blogs.spectator.co.uk/coffeehouse/2012/11/obamas-new-majority/
“The coming majority implies a different set of political priorities for the US government. A younger, poorer, less self-reliant electorate, rooted mainly in minority communities, is likely to demand a larger welfare state, greater regulation, more unionisation, higher government spending and higher taxes, initially ‘on the rich’. These demands will run counter to the interests of older Americans of all races, who are currently the main beneficiaries of high spending and low taxes. And the claims of both will inevitably be noticed by the watchful interests of the international investing community and America’s creditors such as China.”
‘I’ve come back to Iowa one more time to ask for your vote,’ said President Obama at an emotional ‘last ever’ campaign meeting. ‘Because this is where our movement for change began, right here. Right here.’ And his eyes briefly moistened. The nostalgia was doubtless sincere, and the address correct, but it was misleading to describe his 2012 election campaign as a continuation of his earlier ‘movement for change’. In reality, it has been a smoothly ruthless operation to distract attention from a record that has been disappointingly bereft of change. He triumphed over himself as much as over the hapless Mitt Romney.
Until it produced a glossy economic leaflet so that the President could wave it as evidence that, like Romney, he too had a ‘plan’, the Obama campaign had concentrated on blaming George W. Bush for America’s continuing troubles. It denounced Romney as a vulture capitalist murderously hostile to ordinary people, and promised to protect women against the GOP’s supposed plan to abolish both contraception and abortion. Both sides ran relentlessly negative adverts but, as the result showed, the Democrats did it better. Obama will be President for another four years.
To win in circumstances that seemed ripe for his defeat is a remarkable achievement — but the victory can scarcely be described as glorious. The President almost tied with Romney (whom he reportedly despises) in the popular vote. The loss of Senate seats had little to do with his coattails but was largely due to the individual follies or bad luck of Republican candidates. Republicans retained control of the House and now control 30 governorships, the highest number since 2000. The President will have to deal with a hostile half of Congress in an atmosphere poisoned by the extraordinarily ruthless partisanship of this ‘post-partisan’. And in one vital particular, the campaign almost foundered.