President Obama is finding less hope and more change in Silicon Valley this year. Though Obama is still outraising Mitt Romney in donations from tech-company employees, Romney has raised nearly $340,000 from tech companies this year, far more than the $240,000 John McCain had picked up through May 2008. Meanwhile Obama’s $1.4 million haul is significantly less than the $1.6 million he had earned by this time in the last election cycle and many think Romney, with his support for Bush-era tax cuts for the rich and free-trade credentials, will be able to continue shortening the gap. One tech-sector analyst said: “In 2008, the Obama administration looked like the best game in town. Fast forward a few more years and you see a lot of disappointment.”
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