You are probably experiencing Iowa fatigue, so I will keep this brief as I have little to add to the reams of Iowa commentary out there. Prof. Blanchard's post is comprehensive enough. I simply want to point out that the reported demise of Sen. Clinton is surely premature. She is still the overwhelming favorite of national Democrats. Certainly it has to feel better to be Barack Obama today than in Hillary Clinton, but I'd put them as co-favorites rather than placing Obama as the lead horse in this race. I still maintain that there is a "Hillary Comeback" story to be written by the media.
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