Within moments of Barack Obama's victory speech in Iowa, the conventional wisdom dramatically changed. Much like John Kerry, Obama was expected to take an enormous bounce with him to New Hampshire, defeating Clinton there before truly running the table. The pundits expected it; the polls predicted it; but the win never came. Hillary Clinton had marched to an extraordinary comeback that night, besting Obama by three percent.
Even those who had envisioned an Obama victory from early on were discouraged. The...
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