Posted by
Brett K on Tuesday, January 08, 2008 1:00:00 AM
Let's dive right into it, shall we? Iowa was only a few days ago, on
January 3rd, and it brought some interesting results. Here are some
things to keep in mind about what happened, how it happened, and what
possible results could be:
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The
2008 nomination process is proving to be just as exciting as we all
expected! A quick recap: In the Iowa Caucus, Mike Huckabee took the
delegates for the Republicans at 34%, followed by Mitt Romney (25%) and
then distantly by a (virtually) tied Fred Thompson and John McCain
(13%). Ron Paul was around 11%, and Rudy Giuliani was nowhere to be
seen around 4%. For the Democrats, Barack Obama came in a solid first
place with 38%, followed by John Edwards (30%) and Hillary Clinton
(29%). Bill Richardson was next at 2%, and Chris Dodd dropped out of
the race.
REPUBLICANS
How did it happen?
Mike
Huckabee has been leading in Iowa for a couple weeks, but the average
of all the major polls showed his lead by under 1%. Clearly, his
victory was by a far greater margin. The secret to his victory tonight
was the turnout of evangelical voters. According to the entrance polls,
60% of Iowa Republicans identified themselves as Christian
evangelicals, and 45% of this group pledged their support to Huckabee.
Furthermore, Christian evangelicals are less likely to support a
Mormon, further putting Romney at a disadvantage. Identity politics
clearly gave Huckabee a huge leg-up; he spent about $400,000 in Iowa
compared to Romney’s $8 million. Huckabee’s record is not conservative,
but Midwestern evangelicals identify more closely with the buck-toothed
southern minister than the slick northeastern politician.
What does it mean?
Mike
Huckabee did very well in Iowa, but the only real surprise was the
margin by which he won. Polls had him pegged as the victor in Iowa for
the past 2 weeks, and the fact that his evangelical background
attracted that crucial voting bloc is not an upset. He has a very
difficult, uphill battle ahead of him. He is off the map in New
Hampshire, a full 20% below Romney and McCain. While this victory is
sure to boost him, he will not have the massive base support he enjoyed
in Iowa. Without a New Hampshire victory, he may quickly lose the
momentum of this race. What will really make a difference for Huckabee
is the Michigan primary which is on January 15. It is his next chance
to seal his place as a top-tier candidate, but it will be tough.
Giuliani and Romney are both polling well there, and if McCain wins in
New Hampshire it will be another competitor he needs to overcome. He
has a significant lead in South Carolina as well.
Tonight
brought a very disappointing result for Mitt Romney. He spent more
money than any Republican in Iowa and his big chance went south.
However, it’s not the end for Romney; in fact, it may be a blessing in
disguise. This could help get his name out there and increase his
publicity, which can’t hurt; I foresee him being thought of as
“second-place in Iowa” as opposed to “the guy who lost in Iowa.” New
Hampshire is his next big chance, where McCain is the man to beat.
Luckily for him, his massive personal wealth will allow him to devote a
lot of efforts in both Michigan and New Hampshire, a luxury that McCain
and Giuliani do not enjoy.
Fred Thompson’s results tonight
epitomize his place in this election. He is worth mentioning, but
really doesn’t have a chance to win this election. His supporters see
him as the only true Reaganesque conservative, but he isn’t leading
anywhere at the moment. If he had pulled a solid third in Iowa, he
might have had something to build on; but he came in a very close
fourth with McCain. I don’t foresee him lasting much longer in this
race unless he can drum up some real support in a major state, which is
unlikely.
John McCain had a good night in Iowa. Even though he
was in third place, his biggest fear was averted, namely a Romney
victory. Romney is his biggest threat in New Hampshire, and a win in
Iowa could have given him a big boost to beat McCain. But because of
Huckabee’s victory, we might see a stall in Romney’s campaign, giving
McCain a clear path to the 24 delegates from that state. But it’s too
early to tell how Iowa will affect Romney’s (and McCain’s, for that
matter) support.
Ron Paul? While a fundraising miracle, his
supporters do nothing more than log in to their Pay-Pal accounts and
put up signs in the middle of the night. He has a huge cult following,
but they are far and few between. He remains in the single digits,
remaining so insignificant that not only does he have no chance of
winning, but he won’t even affect other candidates. Don’t expect to
hear more from this one.
Rudy Giuliani was conspicuously absent
from tonight’s proceedings, both in the numbers and in the commentary.
But this is hardly a surprise. He barely spent any money or time on
Iowa, focusing instead on the big states. This could either be smart or
stupid: he does not have as much money as Romney, and he saved a lot by
not campaigning in Iowa (where he probably wouldn’t have done well
anyways); however, the momentum from winners in these states could
overcome his efforts elsewhere. He’s way down in New Hampshire, but is
part of the 3- (and maybe 4-) way tie we are seeing take shape in
Michigan. But his real chance will be in Nevada and then Florida. If he
can win in Florida, that victory can propel him into Super Tuesday
(February 5), where over 20 states are holding primaries in which he
has good chances (such as New York and California, which total 274
delegates alone, and over 1000 that day alone).
The Last Word
Huckabee’s
Iowa win is significant, but only means that the field is becoming more
cluttered rather than clearer. His success probably won’t transfer into
New Hampshire, which will allow either Romney or McCain to gain some
momentum as well. However, Giuliani, while completely absent in these
first two states, is someone to watch as a late-breaker. He is hoping
that his decision to focus on late, big states will overcome the
momentum gained by winners of the early ones. Fred Thompson and Ron
Paul are slowly descending into oblivion.
DEMOCRATS
How did it happen?
Barack
Obama won Iowa for the Democrats, but the real story here is Clinton’s
third-place finish. The entrance polls tell the story: 45% of the
voters claim that change is the most important quality in the
candidate, and 50% of those said Barack was the candidate most able to
bring about change. Ipso facto, Barack wins. Turnout was also a huge
surprise for the Democrats. Many of their caucus places were full,
lines going out the door, and actual turnout exceeded expectations by
double, in some cases quadruple. Some speculate dealing behind the
scenes designed to hurt Hillary, but it is all hypothetical and also
requires a detailed explanation of the caucus process which I will not
go into here. Obama’s supporters showed up in huge numbers, giving him
the solid victory most were expecting.
What does it mean?
Barack
Obama’s victory was not a big surprise. He has been leading
significantly in the polls for a much longer time and by a much greater
margin than Huckabee was. This win is obviously important, giving him
momentum and propelling him into the next stage of the race. However,
the Clinton Machine is just that: a machine, and it is going to be
difficult to take down.
John Edwards did well tonight, and he
could not have expected much more. He defeated the “inevitable” Hillary
Clinton, and his jubilation was evident and appeared genuine as he
spoke in front of cheering fans after the results came in. But it is
not easy to say how this will play out for Edwards in the long haul. He
has been relatively under the radar in this race, but still bringing up
the rear of the top tier. He is polling well behind Obama in his home
state of South Carolina, but he may be able to pull ahead after this
win and some serious campaigning.
Tonight was all about Hillary
Clinton, and not in a good way. This loss is a massive blow to her
campaign. It had everything it needed to win Iowa, but it failed. She
is not a likable candidate, and I think she may be confusing voters.
She has been having trouble coming up with an image that works, but she
can’t settle on one. Sometimes she is the woman, sometimes one of the
guys. Sometimes she is the experienced commander-in-chief, sometimes
she is for change. In her speech from Des Moines after the returns came
in, she rattled off her experience but also used the word “change”
repeatedly. She is expected to spend tomorrow proving her healthcare
plan’s superiority to Obama’s. Her campaign is far from derailed, and
tonight I still say that she will win the Democratic nomination. She is
leading significantly in most of the next several primaries: 7 points
in New Hampshire, 20 points in Nevada, 25 points in Florida; she also
holds a very slight lead in South Carolina. She remains over 20 points
up nationally. Of course, Iowa’s effect remains to be seen, but her
lead is substantial and could simply recover from this blow. New
Hampshire is historically more crucial for the Democrats than Iowa
anyways.
Bill Richardson’s fourth place finish with 2% shows the
irrelevance of every other Democrat. Chris Dodd dropped out tonight,
and I’m sure most will follow. Obama, Clinton, and Edwards each
represent the three major wings of the Democratic Party, and the others
don’t really have anything else to offer. Obama is the symbol of the
new Democrats, campaigning as a moderate liberal but mostly just
offering an alternative to George W. Bush. Hillary is the symbol of the
1990s, trying to remind voters of the peace and prosperity of that
decade and her ability to bring us back to that tranquility. Finally,
Edwards is the progressive uber-liberal, openly touting wealth
redistribution and anti-American rhetoric.
The Last Word
While
a big victory for Obama, the Iowa Caucus remained about Clinton. She
lost big, and it is a massive blow to her campaign. However, it is
entirely possible that she can recover and maintain her significant
leads she currently holds in future primaries. The question is whether
her inevitability has been completely lost among Democratic voters, and
whether Obama as a viable alternative will dethrone her. The polls of
the next few days, from New Hampshire and elsewhere, will tell us how
the Iowa results will shape the field. I don’t believe Edwards is for
real nationally, due to his extreme liberalism that is unpopular with
Americans. But primaries do attract extremes of both parties, and his
victory over Clinton could draw more Edwards supporters out to the
polls. Again, time will tell. He may just find himself as a running
mate once again to attract southern and mega-liberal voters. In any
case, the only real players in the Democratic field are these three. If
the most conservative candidate can only garner 2% in Iowa, the top
tier is closed and sealed.