(Via The Corner)
This further increases my sinking feeling that McCain does not have a prayer.
From the Economist:
IT IS impossible to forecast how important any presidency will be. Back in 2000 America stood tall as the undisputed superpower, at peace with a generally admiring world. The main argument was over what to do with the federal government’s huge budget surplus. Nobody foresaw the seismic events of the next eight years. When Americans go to the polls next week the mood will be very different. The United States is unhappy, divided and foundering both at home and abroad. Its self-belief and values are under attack.
For all the shortcomings of the campaign, both John McCain and Barack Obama offer hope of national redemption. Now America has to choose between them. The Economist does not have a vote, but if it did, it would cast it for Mr Obama. We do so wholeheartedly: the Democratic candidate has clearly shown that he offers the better chance of restoring America’s self-confidence. But we acknowledge it is a gamble. Given Mr Obama’s inexperience, the lack of clarity about some of his beliefs and the prospect of a stridently Democratic Congress, voting for him is a risk. Yet it is one America should take, given the steep road ahead.
I can tell you right now, there are many wealthy people, who read this magazine and it’s distributorship is to many Conservatives. I look for many Conservatives to cross the aisle and vote Democrat.
From The Economist’s Political Blog Democracy in America:
And, by the way, he will probably get it. Here’s to hoping Mr Obama’s moderate and sensible side wins over his primary-season, protectionist-populist side.
I bet there’s a good number of people betting on that hope. But I highly doubt that Obama is going to do anything extreme during his tenure as President.
Anyhow, it was a very interesting endorsement.