Tuesday's Forecast: Phew - Obama a Favorite

All is right with the world of politics again. After the post-debate scare when Romney made up a lot of ground, Obama is back to being a solid favorite in Nate Silver's forecast. I admit, I was worried for a while there. (Not that I am overconfident now, it is still close enough for Romney to win, but much less likely.)

Having said that, I am really disappointed that one debate can move the polls so much, especially when relatively few people watched it, and even more so because the polls moved based on voters understanding of who won not what anyone said. That is depressing.

To be clear, that is the cynical interpretation of why Romney gained ground - that people changed their minds based not on what someone said, but how they said it - or actually how the press said they said it. But there are better and more plausible reasons why the polls shifted.

The polls movement many have been reversion to the mean - in other words the polls might have been moving back in line with the fundamentals. This makes sense if you think Romney was underperforming - maybe by scaring voters away with is 47 percent comments, and flawed convention including a crazy Clint Eastwood speech. So the debate might have shown some voters that would want to vote for Romney that he isn't that crazy or that incompetent.

Now that Obama is looking good again, I will say that there was a time when I was actually kind of curious about how Romney would be as a president. Mitt Romney is running a campaign that promises a lot with no specifics and avoids anything controversial: tax cuts, increased military spending, and general (but huge) cuts to discretionary spending.

But once he governs, he would have to figure out those details. For example, what discretionary spending would he gut to make his budget numbers add up? I think cuts of the magnitude he is proposing would be deeply unpopular. But if he doesn't do it, the GOP would be furious with him. It all just comes back to whether he would be extreme or moderate. Would he fight his party or be subservient to it? I think the later - and articles like this confirm my fear.

But the point is that someone who has so much avoided making any decisions and making anyone angry would have to finally do so. And I wonder how he wound handle that. Though I am not so curious that I want to see him win just to see what he would do.