Romney Pulls Even With Obama in 2 Key Swing States

by InvestorPlace Staff | May 3, 2012 6:26 pm

[1]Mitt Romney is now tied with Barack Obama[2] in two of the three crucial swing states for the general election, according to Quinnipiac polls.

In Ohio, Obama has a 44% to 42% lead on Romney, while Romney leads in Florida by a 44%-43% margin. These percentages, however, fall within the polls’ margin of error, making it impossible to say which candidate is truly in the lead in either state. In Pennsylvania, Obama still leads Romney with a 47%-39% split, a statistically significant measure.

What helped Romney bridge the gap in Florida and Ohio? Two things. First, with Rick Santorum[3] and Newt Gingrich[4] both dropping out of the race, Romney is all but guaranteed to be the Republican Party’s nominee. This has freed him from having to run advertisements and make appearances catering to the GOP primary and allowed him to focus his efforts on Obama.

Second, the economy has not been recovering as fast as some people would like. The March job numbers were disappointing[5], with just 120,000 jobs added, and the April job numbers, which will be released tomorrow, look to be in the same range as well[6]. These two factors have helped Romney cut into Obama’s lead in those critical swing states.

Since 1960, no president has been elected without winning at least two of the three states between Florida, Ohio, and Pennsylvania.

— Benjamin Nanamaker, InvestorPlace Money & Politics Editor

The opinions contained in this column are solely those of the writer.

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