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Some advocates of reform, recognizing the enormous constitutional hurdle, instead focused their efforts on passing a so-called National Popular Vote (NPV) bill through state legislatures.
At the moment, these death star projects have a mean active life of around a week, leading to a heavily NPV negative outlook, even assuming the advantages of slave labour and creative financing.
Sracic: NPV supporters argue that it is not right for presidential campaigns to focus on only the voters in swing states.
NPV means you calculate the total revenue for your bank over those years and the total number goes to your profits & losses account for that year.
Earlier this year, the California legislature passed NPV, but Governor Schwarzenegger vetoed it.
Paris and Wyplosz estimate the NPV of future seigniorage as ranging between €2.3 and €14.5 trillion.
State legislatures that enacted the NPV would agree that their state's electoral votes would be cast for the winner of the national popular vote even if that person was not the winner of the state's popular vote; language in the bill stipulated that it would not take effect until the NPV was passed by states possessing enough electoral votes to determine the winner of the presidential election.
By 2010 several states including Hawaii, Illinois, Maryland, Massachusetts, and New Jersey—had adopted the NPV, and it had been passed in at least one legislative house in more than a dozen other states.
Sracic again: The NPV plan requires a winner to secure only a plurality rather than a majority of the popular vote.
Under NPV, the necessary plurality could be confined to a few states, or a single region of the country.
Don't forget to read all about NPV on my blog!
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com