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For some time, I've thought that Hillary Clinton had a slight edge in the race, mostly because of her quiet and dominant edge among suburban women. It showed up in New Hampshire, and it's pretty clear that the media tends to cut out the concerns of suburban women in favor of other types stories. For instance, it's true that young people are turning out in historic numbers, but it's also true that suburban women are turning out in historic numbers, or else Clinton wouldn't be competitive. I never bought the nasty narrative about Bill Clinton, because Democrats like Bill Clinton.
But now, with polling everywhere from New Jersey to California showing an overall Obama surge, I'm going to guess that other trends are going to overtake Clinton's advantage among suburban women. The first is field; Obama's campaign does have a better field operation than Clinton, and if South Carolina is any guide, this is going to have the effect of moving undecided voters to Obama. Clinton has the more establishment types in many states, including New Jersey, but the new progressive silent revolution types who have taken over lots of state parties by outworking the older operatives are with Obama. The second is more significant, and that is money. Clinton raised $10M in January, not a small amount. But Obama raised $32M, with a good amount of that coming in over the internet from small dollar donors. He can and will continue to raise money from these people.
If Obama does well on Super Tuesday, he will set himself up for a delegate lead later in the month because of a slew of favorable states, and he will end up drying up Clinton's money. Clinton donors gave because they saw her as inevitable, but if she doesn't take the majority of delegates on Tuesday it's going to be tough to close what is clearly a widening money gap. So this is now a make-or-break for her, while that is not the case for Obama. Obama's donors believe in him, they are investing in a movement whether he wins on Tuesday or not, so he can go on and compete regardless. And besides that, he just has a lot more money now than Clinton.
That's my sense of where things are. I have strong reservations about Obama, as you know, but I do think he's taken the lead in the race.
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