Why Obama won

"On election night, as the camera panned the audience waiting to hear Barack Obama give his victory speech, what struck me was that the audience was primarily young people and minorities. My thought was, 'These are the very people who will suffer the most under a second Obama administration. Don't they know they are voting against their own best interest?' And then I thought about it and came to the conclusion:'No. They don't.' They don't because they are, by and large, uneducated.
Oh, some of them may have college degrees or even graduate degrees, but they are still substantially uneducated.

I would bet that very few of them know the difference between Keynesian economics and Austrian School economics. I am sure that most of them have never heard of the Laffer Curve. I would guess that most of them aren't familiar with the first principles behind the origin of our country. I doubt that many of them know what evil lies in Socialism or Communism, or unbridled leftism. Or are even aware that Barack Obama is a man of the left, and what that means.

They, for the most part, have no idea what the concept of individual liberty is, nor how a big, powerful central government reduces that liberty. I also am pretty sure that they feel that Barack Obama is someone who cares about the poor, women, minorities, and the 'middle class,' and that Republicans don't. I would stake my substance on the fact that they don't know what is meant by a limited government, or what the Tenth Amendment says. I am certain that most of them don't know anything about Benghazi. Substantially uneducated!"

http://www.americanthinker.com/2012/11/why_obama_won.html