2012 Election Analysis: Race
Obama won with 51% of the popular vote, Romney got 48% (These are estimates, as more votes are still being counted, especially in Florida. I will update this once the official results are out). Romney won a record high white voters (59%), so according to the Sailer Strategy, Romney should have demolished Obama in the elections.
It was nowhere even close. Obama soundly defeated Romney because the Sailer Strategy died a long time ago, and keeps getting buried deeper in the grave every year. The White vote declined from 74% in 2008 to 72% in 2012.
The two fastest growing minority groups, Latinos and Asians, grew substantially and voted Democrat in even greater numbers and proportion. From 2008 to 2012, the Latino vote increased from 9% to 10% (about a 11% increase) and the Asian vote increased from 2% to 3% (about a 50% increase).
Even more impressive is that the proportion of Latinos and Asians voting Democrat increased to record highs; from 2008 to 2012, Latinos voting for Obama increased from 67% to 71% and Asians voting for Obama increased from 62% to 73%.
By the 2016 election the white vote should further decline to 69% or 70% and the Latino and Asian voters will take the place of the lost white voter percentages. And with Presidential elections costing not just hundreds of millions of dollars, but constantly increasing into the billions of dollars, losing elections is proving to be fatal on tight finances.