The model is based on economic forecasts in each state , and would have correctly predicted the winner of the past seven elections. This year, Moody's election model predicts President Obama will lose the state of Florida, but win re-election.
Analysts have repeatedly said Republicans cannot win the Presidential election without winning Florida. But Democratic strategists say the president can lose Florida and still get the 270 electoral votes he needs.
"We can't just have a Florida strategy, but Florida is the easiest way to 270 electoral votes," said Obama campaign manager Jim Messina.
For more: Model predicts Obama win in 2012
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