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Why it’s All About Ohio: The Five Nations of American Politics

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Reuters

Looking at Tuesday’s election results, it’s clear the United States has morphed into five distinct political nations. This marks a sharp consolidation of the nine cultural and economic regions that sociologist Joel Garreau laid out 30 years ago in his landmark book “The Nine Nations of North America.”

In political terms there are two solid blue nations, perched on opposite coasts, that have formed a large and powerful bloc. Opposing them are two almost equally red countries, which include the historic Confederacy as well as the vast open reaches between the Texas panhandle and the Canadian border.

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The Biggest Losers In The 2012 Elections: Entrepreneurs

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Forbes.com

Who lost the most in economic terms Tuesday? Certainly energy companies now face a potentially implacable foe — and a re-energized, increasingly hostile bureaucratic apparat. But it’s not them. Nor was it the rhetorically savaged plutocrats who in reality have been nurtured so well by the President’s economic tag team of Ben Bernanke and Tim Geithner.

The real losers are small business owners, or what might be called the aspirational middle class. The smaller business — with no galleon full of legal slaves pulling for them — will face more regulation of labor, particularly independent contracting. There will be more financial regulation, which is why Romney’s top contributors were all banks.

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The Biggest Winners From President Obama’s Re-Election: Crony Capitalists

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Forbes.com

President Obama’s re-election does not, as some conservatives suggest, represent a triumph of socialism. Instead, it marks the massive endorsement of an expanding crony capitalism that ultimately could reshape the already troubled American economic system beyond recognition.

Nowhere is this clearer than in the President’s victory in the Great Lakes states of Ohio, Michigan, Ohio and Wisconsin. All four of these states are highly dependent on manufacturing and, in particular, the auto industry. Without the bailout, it seems doubtful that Obama — who lost the white working class decisively in most of the country — could have won these critical states.

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A Racially Polarized Election Augurs Ill for Barack Obama’s Second Term

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The Daily Beast

President Obama, the man many saw as curing the country’s “scar of race,” won a second term in the most racially polarized election in decades. Overall, the Romney campaign relied almost entirely on white voters, particularly in the South and among the working class. Exit polls showed that almost 60 percent of whites voted for Romney. The former Massachusetts governor even won the majority of whites in California and New York.

In previous elections, including 2008, such a performance would have been enough to assure a GOP victory. But America’s demographics are shifting, with racial minorities constituting upwards of one quarter or more of the vote, and growing.

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Why Obama Won: Hispanics, Millenials Were The Difference

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Forbes.com

President Obama won re-election primarily because he did so well with two key, and expanding, constituencies: Hispanics and members of the Millennial Generation. Throughout the campaign, Democratic pundits pointed to these two groups as being the key difference makers. They were right.

Let’s start with Hispanics, arguably the biggest deciders in this election. Exit polling shows Obama winning this group — which gave up to two-fifths of their vote to George Bush — by over two to one. In 2008, Obama improved his winning margin with Latino voters from 67% in 2008 to 69% in 2012. And for the first time they represented 10% of the overall electorate.

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Prairie Populism Goes Bust As Obama’s Democrats Lose The Empty Quarter

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The Daily Beast

Along Phillips Avenue, the main street of Sioux Falls, South Dakota, the local theater’s marquee is a tribute to the late Senator and 1972 presidential candidate George McGovern, who was buried last month, and is still regarded as a hero by many here. But with McGovern gone, it seems that the Democratic tradition of decent populism he epitomized was being interred along with him. Read more

Obama’s Base and Politics of Disappointment

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Reuters

There may be no better illustration of President Barack Obama’s appeal than his ability to hold onto voters — minorities, single moms and young people — who have fared the worst under his presidency. But the bigger question as we approach Election Day may be whether these constituencies, having been mauled by the economy, show up in sufficient numbers to save the presidential bacon.

Welcome to the politics of disappointment. Much has been said about the problems facing the middle class, who have been losing out since the 1970s. But the biggest recent losers have been groups like African-Americans. In the current economic downturn, middle class African-Americans have lost virtually all the gains they made over the past 30 years, according to the National Urban League. Median annual household income for blacks decline by more than 11 percent between June 2009 and June 2012, according to the Census bureau, twice the loss suffered by whites.

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The Braking Of The BRICs

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Forbes.com

For over a decade, conventional wisdom has held that the future of the world economy rests on the rise of the so-called BRIC countries: Brazil, Russia, India, China (and, in some cases, with the addition of an ‘S’ for South Africa). A concept coined by Goldman Sachs economist Jim O’Neill, the BRICs were widely touted as the building blocks of the “post-American world.”

Such notions are particularly popular among intellectuals like India’s Brankaj Mishra, who sees world power shifting inexorably to “ascendant nations and peoples” — i.e. the BRICs — while “America’s retrenchment is inevitable.” Yet in reality, it is increasingly clear that the BRICs upward trajectory is slowing and many long-term trends suggest that their growth rates will continue to fall in the coming decades. Like other former “America-killers” such as Europe (1960s), Japan (1970s and 1980s) and the Asian Tigers (1990s), the BRIC countries appear to be unable to sustain the steady, inevitable progress projected by enthusiasts both at home and abroad.

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As Partisan Rancor Rises, States That Back a Loser Will Be Punished

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The Daily Beast

Never mind the big-tent debate talk from both Barack Obama and Mitt Romney about how their respective politics will benefit all Americans. There’s a broader, ugly truth that as the last traces of purple fade from the electoral map, whoever wins will have little reason to take care of much of the country that rejected them.

At least since the dissolving of the “solid South” in the late ’50s and early ’60s, both parties have competed to extend their reach to virtually every region. As recently as 1996, Democrat Bill Clinton could compete in the South, winning several states in the mid-South and even in the heart of Dixie, including Louisiana, Arkansas, Kentucky, and Tennessee. President Obama has about as much chance of winning these states this year as Abraham Lincoln did in 1860—giving him little reason to consider them in a second term.

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America’s Last Politically Contested Territory: The Suburbs

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The Daily Beast

Within the handful of swing states, the presidential election will come down to a handful of swing counties: namely the suburban voters who reside in about the last contested places in American politics.

Even in solid-red states, big cities tilt overwhelmingly toward President Obama and the Democrats, and even in solid-blue ones, the countryside tends to be solidly Republican.

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