1. The national polls have Obama at 50% or better and an average of about 7% over McCain. The senate polls suggest a real possibility that the Democrats could win 62 seats, including MN, MS, and GA. That would include Senator Al Franken (who hasn’t even been funny for a decade), a possibility that deserves but will not get a hilarious SNL skit.
2. One reason can be seen in the article from the WaPo below: Obama seems to be more competent when it comes to things economic, his advisors more expert, etc.
3. But the author of said article may have a clever "subtext" that "subverts" what he actually says: The evidence suggests that deregulation is not the real cause of our financial crisis. The main damage came from the risky business of the intensely partisan and hyper-regulated Fannie and Freddie. The main danger is that the crisis will produce an angry and really completely misguided overreaction against deregulation.
4. Obama himself could conceivably be prudent enough to manage that anger and not come forward with too many perverse new policies. But Obama with a heavily Democratic Congress? Wrongheaded animosity is bound to run amok in Congress, and a Democratic president can’t be expected to control it. The Democratic Congress, as the author says, will deeply compromise what MIGHT be the personal prudence of the president and his advisors. A united Democratic government is bound to mess up the economy more.
5. So the only way to really manage wrongheaded animosity is to elect McCain, who will veto the most outrageous overreactions. This position will become much more credible if Mac exhibits a lot more economic competence and more real sense of the causes of the crisis. The economist who wrote the POST article seems open-minded enough, for example, to be turned around.