The Redskins Rule: First (Second) Failure

Well, most of the results are in and it appears that Obama has won a second term as the President of the US, and beaten the Redskins rule.

This is just the second time the Redskins rule has failed to predict the winner (the first was in 2004), though a previous modification to the rule might still be valid – that the Redskins rule predicts the popular vote, but not necessarily voting in the electoral college.

Whatever the case, I’m pretty happy with the result. Whatever his other virtues might have been, Romney as president would have likely have meant a more aggressive (and populist) US foreign and trade policy and worsening income inequality in the world’s biggest economy. Neither is to be wished for.