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From a fundraising email that Team Obama just sent out:
Friend —
Votes are still being counted in Pennsylvania, but one thing is already clear.
In a state where we trailed by more than 25 points just a couple weeks ago, you helped close the gap to a slimmer margin than most thought possible.
There you have it: A 10-point loss is actually a moral victory.
UPDATE: The gap has narrowed to 8.6%, as of now (10 AM). If the margin in the wee hours of the morning was slimmer than most thought possible, then wow, this really is tight as a tick!
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