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Obama says 
path to recovery hard, challenge ‘can be met’

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Based on the volume of campaign appearances to date and the hundreds of millions of dollars spent already on television advertising, the election appears likely to be decided in a small number of battleground states. The list includes New Hampshire, Virginia, Ohio, Colorado, Nevada and Iowa, as well as Florida and North Carolina, the states where first Republicans and then Democrats held their conventions. Those states hold 100 electoral votes among them, out of 270 needed to win the White House.

Money has become an ever-present concern for the Democrats, an irony given the overwhelming advantage Obama held over John McCain in the 2008 campaign.

This time, Romney is outpacing him, and independent groups seeking the Republican’s election are pouring tens of millions of dollars into television advertising, far exceeding what Obama’s supporters can afford.

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