Todd Zywicki's take on libertarian voting trends

Including his own:

Maybe I'm just slower at this than others, but it really took a long for it to sink in to me exactly how far left Obama really is. On every single issue that I am aware of, he seems to be at the far left end of the Democratic Party spectrum. I mean really out there.

I think that my slowness to really pick up on this was due to several factors. First, Obama's demeanor is essentially moderate--he doesn't come across as a Howard Dean crazy type. I think this leads one to assume his policies are moderate. Second, my resistance to McCain was really quite strong--I've criticized him here before, especially for the way it seems that he approaches problems. Third, until recently McCain has really run a terrible campaign in terms of explaining the differences between himself and Obama in terms of illustrating exactly how far left Obama is. Fourth, because of media bias, the media has tended to reinforce the idea that Obama is a moderate and not to highlight the embarrassing parts of his message.

Perhaps most fundamentally, given the history of the world over the past 25 years I think I just had assumed that no serious politician or thinker would in this day and age hold the sorts of views that Obama seems to hold. Raising taxes in a recession, protectionism, abolition of the secret ballot for union elections, big spending increases, nationalized health care, and most appallingly (to my mind) the potential reimposition of the "Fairness Doctrine"--I mean this is pretty serious stuff. And when combined with a Democratic Congress, I think we may be talking about (to use Thomas Sowell's recent phrase) a "point of no return." I guess I just assumed that Obama would be sort of Bill Clintonish--"the era of big government is over" and all that stuff. That he would have absorbed the basic insights of recent decades on taxes, trade, regulation, etc.

I experience similar “slowness”.  But, judicial activism and foreign policy risks aside, I’m not sure things would be different under either candidate.  Sure, division of power and gridlock will dampen legislative uncertainty and unintended consequences, but perhaps a few years of wilderness will bring the electorate closer to reality.