The lessons of Massachusetts are not quite as obvious as they first appeared. The election holds a cautionary tale for both parties.
The seeming indifference of this Administration to the steady and precipitous decline of the market since President Obama’s election should surprise no one.
In the wake of financial upheaval, McCain’s prospects have plummeted. The campaign’s response has not helped – erratic, desperate to get this behind them, and, if the Biden-Palin debate is a harbinger, blaming Wall Street greed as the cause of all that ails. In short, the Obama approach.
Unlike the days of debates about lipstick comments and flag pins, the past week has been dominated by major issues. The House bailout bill, which we were told early and often was sure to pass, suffered a bipartisan defeat.
Of all the names thrown about as potential VP candidates for Sen. McCain, Governor Palin was the only one who matched the current zeitgeist which drives so much of the enthusiasm for Sen. Obama’s candidacy.