Congratulations to Michele Bachmann, but the big political winner Saturday wasn’t in Ames, Iowa. That politician was half a country away in South Carolina, completely scrambling the Republican presidential race.
During the close of the 2008 presidential election campaign, John McCain was unable to finally and persuasively and understandably give Americans a vision of where he wanted to lead them should he become the 44th president of the United States. Here is McCain flailing at the beginning of the first presidential debate against Barack Obama:
Today’s WSJ op-ed by Jeb Bush and Kevin Warsh is hardly startling in its policy recommendations, as wise as those recommendations happen to be. What I really like about the piece is that its authors gave us the “why” as well as the “how.” And the “why” is not just about making CBO numbers add up:
A tantalizing item in The Hill is sure to prompt much speculation:
Rep. Paul Ryan (R-Wis.) made a foray Tuesday into the GOP presidential race, asking for donations to launch ads in Iowa defending his 2012 budget, and Republican presidential candidates’ support for it.
Barack Obama’s presidency was birthed by economic collapse and financial crisis. Opportunity for a second term is now in growing danger of termination by the very same forces. After its Monday plunge, the U.S. stock market has fallen 18 percent since late April. (During his January State of the Union address, the president pointed to a “roaring” market as one sign his Keynesian policies were working.)