Optimism Returns to Obama Campaign

Barack Obama hit the campaign again on Tuesday with his campaign team supported for the first time since the summer by anapparent lack of public enthusiasm for Republican candidates and signs that Democratic voters disillusioned and independentbegin to return to the fold .

Obama campaign team smells a change after months in which his popularity has dropped dangerously below 50%. The sense ofgloom that engulfed the White House and the party since the summer begins to lift.

His campaign team are well aware that it will be a tough race with the result of the balance until the night of the elections inNovember 2012. On Tuesday, Obama acknowledged that his reelection was not a “slam dunk” because of the uncertainty in the economy.

The president, speaking to donors in a hotel near the White House, drew attention to his efforts to heal the economy, end the war in Iraq and health care overhaul, but said ”all these things does not mean much to someone if they are still out of work now or in their home is still under water by $ 100 000. so yes, it will be hard.”

But there is a new sense of optimism in the Obama campaign that he can keep the White House, mainly because of what they see as the failure of one of the Republican candidates to excite voters.

The Democratic campaign team for months assumed that Mitt Romney is the candidate, ignoring the rise - and subsequent fall - of Michele Bachmann, Rick Perry, and Herman Cain. Team Romney portrayed as a businessman who became rich by laying offworkers and as a politician reversal of a policy to another.

But the team is to take seriously the rise of Newt Gingrich and relishes the prospect, given his long experience in Congress, hiscontroversial statements and political positions often contradictory.

Tad Devine, a Democratic strategist who was a senior adviser to Al Gore in 2000 and John Kerry in 2004 and will work withDemocrats in the Senate and House races next year, said chances of Obama s’ was improved in recent weeks.

The main reason for high disapproval rating is Obama’s economy, but there are tentative signs of change. Employment in the private sector at least, is recovering.

The official unemployment rate fell to 8.6% last month, its lowest level in two years but still uneasy over the rate of 7.8% when Obamatook office.

The Federal Reserve left interest rates unchanged Tuesday and said ”the economy has grown moderately, despite some apparent slowdown in global growth.”

Retail sales, an important indicator of consumer confidence, are also growing. They were up only 0.2% last month, the Commerce Department said Tuesday. The increase followed modest gains of 0.6% in October and 1.3% in September.

Larry Sabato, a political science professor at the University of Virginia, echoed the view that the chances of Obama has improved in recent weeks, but warned that there were still ten-one and a half months to go cautioned against increasingly excited by the decline in unemployment.

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