Gasoline has jumped to an all-time high in the U.S. for this time of year and on track to hit an all-time record later this spring of $4.25/gallon. That begs the question, will the people who are still employed and spending most, if not all of their payroll tax cut on gas vote to reward Obama with 4 more years? Will the 14 million unemployed who can’t afford to drive much of anywhere, regardless of the price of gas, vote to give the guy another shot? How about senior citizens who see the $150 million raid on the social security trust fund and a half trillion dollar cut in Medicare as hastening the day when their benefits will be cut? Will they take a chance that things will improve during a second Obama term?
There are a lot of interesting dynamics at work right now. How they play out will likely determine the outcome of November’s election, not just for President, but for House and Senate races as well. If you’ve made up your mind to vote for Obama, what, if anything, could happen between now and November to make you change your mind? If you’re undecided, what factors will weigh on your final decision?