In the past 30 days, there were 91 national polls (including each Gallup and Rasmussen daily tracking survey). Mr. Obama was at or above the magic number of 50% in just 20. His average was 47.9%. Mr. Romney’s was 45.5%.
There were 40 national polls over the same period in 2004. President George W. Bush was 50% or higher in 18. His average was 49%; Massachusetts Sen. John Kerry was at 43.8%. An Oct. 4, 2004, story in the New York Times declared the Bush/Kerry race "a dead heat" and asked "whether Mr. Bush can regain the advantage."
Mr. Bush was hitting the vital 50% mark in almost half the polls (unlike Mr. Obama) and had a lead over Mr. Kerry twice as large as the one Mr. Obama now holds over Mr. Romney. So why was the 2004 race "a dead heat" while many commentators today say Mr. Obama is the clear favorite?