Financial Times backs Obama in Democrats’ nominating battle
WASHINGTON – Britain’s Financial Times newspaper, which has bigger paid circulation in the United States than its home country, weighed into the bitter Democratic nominating contest– offering its endorsement to Sen. Barack Obama.
The backing of the financial newspaper in Monday’s edition comes just a day before voters in Pennsylvania go to the polls, a state that could offer some salvation for his opponent Sen. Hillary Clinton, who has been clinging to a narrow lead in the state but trails in the delegate count.
The FT points to Obama’s well-run campaign and cross-party appeal for putting him over the top of his rival. It also cites Clinton’s unpopularity and questions her campaign strategy, arguing it has been re-tooled several times.
A small excerpt (more here):
After Tuesday’s vote, the Democrats should move quickly to affirm Mr Obama’s nomination. That is not just because his lead in elected delegates is already unassailable and the contest should be brought to a swift conclusion. It is also because he is, in fact, the better candidate.
The contenders’ differences on policy look small and in reality are even smaller. Their disagreement on healthcare mandates, for instance, frequently emphasised by Mrs Clinton, is of little practical significance. A mandate to obtain insurance, as proposed by Mrs Clinton, does not achieve universal coverage unless enforced with punitive sanctions, which she does not advocate.
Some question the value of endorsements, does this bit of overseas analysis add anything to the mix?
– Photo credit: Reuters/Tim Shaffer (Obama waves to supporters at a rally outside Philadelphia.)