Mitt Romney

Tuesday, October 23, 2012 -11:45 a.m.

Undecided voters appear to now be laying down the gauntlet in the race to decide who will be the next President of the United States.

Former Massachusetts Governor Mitt Romney looks to be consolidating his lead over President Barack Obama in two highly-respected national polls.

One can now expect the handful of battleground states to follow.

Tuesday morning Rasmussen Reports released its update three-day tracking poll of 1,500 likely voters showing Romney now leading Obama 50-46.

The Gallup seven-day tracking tracking poll of 2,700 likely voters has Romney leading 51-46.

Pro-Obama polling by the three major television networks, who desperately hope for an Obama victory, would even appear to be moving toward Romney.

The ABC/Washington Post poll has Obama’s lead shrinking to 49-48.

CBS News has Obama leading by 48-46.

And finally, NBC  News has the two contenders tied at 47-47.

It’s doubtful last nights debate performance by both men will alter the trajectory of this contest.

This election is being totally driven by economic factors. All other considerations are secondary.

Obama suffers from an indefensible record on the economy, and it’s too late to alter events.

Should equity markets continue their correction, due to weakening corporate earnings, the election will further tilt to Governor Romney.