Your Black World reports
Starting last September, President Obama had become the underdog for the next presidential election. After being the front-runner for most of his term, a poor economy and stalled budget negotiations led to the public losing confidence in his ability to lead.
Things have changed since September. The president is now predicted to win the election with 51.4 percent certainty. These numbers were computed using an average of the prediction ratings of Intrade and Betfair, which predict presidential elections and other events.
Some wonder if the president’s surge is due to the problems the Republicans are having at producing a legitimate front-runner. Others think that it’s simpler, relating to the improvement in the economy. Experts are predicting a strong holiday shopping season, and election predictors expect the economy to remain strong enough to sustain Obama’s bid for re-election next year.