Time is running out for Mitt Romney.

According to the latest polls, the most likely outcome of Tuesday’s election is that Romney will lose. If he does, it will likely be a bitter pill to swallow. He would have come so close only to have fate and circumstances step in at the final hour and give President Obama a boost.

How is Romney losing it? Let us count the ways:

1) The economy continues to improve. The argument for electing Romney hinges on a sour economy and his experience as a businessman with the expertise to turn it around. But, on measure after measure, the economy seems to be getting better.

A Commerce Department report released last month found that housing starts jumped 15 percent in September — the largest surge in four years.

The unemployment rate dropped below 8 percent in September and the October jobs report released on Friday was stronger than expected.