Thursday, November 8, 2012

PRESIDENTIAL ELECTIONS: USA

Super Tuesday refused to throw up a winner for Democrats. SUTANU GURU analyses

However, ever since Obama surprised Hillary with a win during the first primary in Iowa, his campaign has been steadily gathering momentum and the double digit lead that Hillary used to enjoy till about a month ago has been reduced to virtually nothing. Most resonant and powerful was the open endorsement of the Obama candidacy given recently by the brother, daughter and nephew of the former President John F. Kennedy. The youth seem to be particularly taken in by the openness, clarity and vision being offered by Obama in contrast to more of the same kind of politics that Hillary seems to offer. “What was once inevitable is no longer inevitable,” said David Axelrod, Obama’s Chief Strategist. “What was once a lop-sided race is no longer lop-sided. The momentum has shifted.”

Yet, Obama cannot rest; nor can he afford to be complacent. A tidal wave of enthusiasm and endorsements after the Kennedy family supported him led many pundits to predict that Obama would sweep the big states like California and even give Hillary a run for her money in her home state New York. Obama’s campaign manager David Plouffe said the senator was in a “strong position to win the Democratic nomination,” and eyed contests next week in Maryland, Virginia and Washington DC. This seemed to be political wisdom till even a few hours before voting began. But the results – as usual – have surprised the pundits. Hillary has scored a big win over Obama despite support from big Hollywood stars like George Clooney. Of course, it becomes even more difficult to predict who will eventually will the Democratic nomination because the party has a complicated way of figuring out who will get how many delegates from each state. Unlike the Republican Party where the winner takes it all, the Democrats allot delegates to the candidates on the basis of the proportional share of the votes won by them. Till the time of going to the press, it appeared as if Hillary is slightly ahead with about 500 delegates while Obama is close behind with about 475 delegates. To eventually win the nomination and formally become the Democratic candidate, either Hillary or Obama will have to win over at least 2050 delegates across the country.


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
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