Beware of Beguiling Explanations for Obama’s Victory

One more quick thing: before everyone starts getting too enthralled with demographic time bombs and other in-the-weeds explanations for why Obama won last night, just remember this: most of the political science models, based on little more than a few economic fundamentals, predicted a modest Obama victory six months ago. Maybe Hispanics mattered, and maybe Benghazi and Sandy and 47% and the first debate and Jeeps in China all mattered too. But if they did, they sure seem to have conveniently canceled each other out and left us exactly where we thought we’d be back in the dog days of summer. Some coincidence, huh?