...people will turn to McCain’s judgment, and not Obama’s vision. That’s the opinion of our Julie, and a learned and astute expert emailed me this morning with a more detailed version of that thought:
Driving in this morning and listening to the radio about the AIG bailout plan, etc., it occurred to me that the current economic crisis might actually work in MCCAIN’s favor. Obama’s appeal is as a visionary, promising future greatness. But as the global financial system collapses around us, it seems to me people will want to "hunker down," and they will focus on a stop-loss kind of rationality. This effectively voids Obama’s central appeal: there’s just no money to spend on grand projects, even the grand project of tax relief for the bottom 95%. It also increases McCain’s attractiveness, since despite his total lack of any real economic policy, he exudes the character traits of flinty responsibility, like an old-fashioned banker, which is "just what we need" in a time like this.