By Clive Crook
Clive Crook's blog:When I read a piece a few days ago by Michael Barone on Real 
Clear Politics arguing that "the old rule that economic distress moves voters 
toward Democrats doesn't seem to be operating," I found it somewhat persuasive. 
He argued that blame for the crisis cannot easily be pinned on Republicans 
alone, and that voters may fear that taxes will rise faster under Mr Obama than 
they would under Mr McCain (regardless of the fact that Mr Obama is promising 
more tax relief for most Americans than Mr McCain), which in turn would be more 
bad news for the economy. But a new poll this morning seems to say otherwise, 
according to The Washington Post: "Turmoil in the financial industry and 
growing pessimism about the economy have altered the shape of the presidential 
race, giving Democratic nominee Barack Obama the first clear lead of the 
general-election campaign over Republican John McCain, according to the latest 
Washington Post-ABC News national
 poll.
"Just 9 per cent of those surveyed rated the economy as good or excellent, the 
first time that number has been in single digits since the days just before the 
1992 election. Just 14 per cent said the country is heading in the right 
direction, equalling the record low on that question in polls dating back to 
1973.
"More voters trust Obama to deal with the economy, and he currently has a big 
edge as the candidate who is more in tune with the economic problems Americans 
now face. He also has a double-digit advantage on handling the current problems 
on Wall Street, and as a result, there has been a rise in his overall support. 
The poll found that, among likely voters, Obama now leads McCain by 52 per cent 
to 43 per cent. Two weeks ago, in the days immediately following the Republican 
National Convention, the race was essentially even, with McCain at 49 per cent 
and Obama at 47 per cent."
It is just one poll, but still. I do think Mr Obama is handling the crisis much 
better thanMr McCain - not because he is suggesting betterremedies(he continues 
to say little), but because his instinct to reflect before opening his mouth 
and his impeccable taste in advisers are both working to his advantage.
These factors, I think, are much more important than the supposed popularity of 
standard Democratic positions on economic management. Unlike Mr McCain, Mr 
Obama offers no instant bold responses needing to be qualified or withdrawn or 
forgotten soon after. As ever, he looks calm, methodical and unruffled - and 
has his picture taken in conference with Paul Volcker, Bob Rubin and Larry 
Summers, who command wide respect. His response may be thin, so far, on 
content, but it is an altogether more reassuring posture than his rival's 
tendency to hasty and exaggerated certainty.
This difference of intellectual temperament has often been seen as one of 
Obama's biggest drawbacks, including by many of his own supporters. But the 
complexities of the crisis are putting those traits in a much better light.


      
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