By so much shall I falsify men's hopes;
And like bright metal on a sullen ground,
My reformation, glittering o'er my fault,
Shall show more goodly and attract more eyes
Than that which hath no foil to set it off.
If John McCain has one thing going for him now in the presidential
race, it's low expectations. Things have gotten so bad, that
anything short of him dropping out of the race will be seen as a
positive development. The media love stories of a fall from grace,
but they also love a great comeback. Ironically, the perception
that he is on the verge of dropping out may serve him better than
the persistent myth that he was the frontrunner. Many of his
problems today were caused because he bought into the conventional
wisdom that the nomination was his for the taking. That's what
caused him to hire that enormous staff, based on the absurd
assumption that he would raise over $100 million this calendar
year, and that's why his quarterly fundraising numbers, while
within a few million of his top rivals, were publicized as huge
disappointments. From now on, when he reports his fundraising
numbers, expectations will be so low that he'll have a much more
realistic chance of exceeding them. If McCain stays in the race
longer than expected, news accounts will begin to describe him as a
"survivor" and a "fighter," and each small bit of good news will be
blown up to fit this narrative.