Newt Gingrich is officially jumping into the presidential race tomorrow, and Walter Shapiro argues that "Gingrich remains a curiously undervalued stock in the Republican presidential portfolio." Shapiro may be onto something; the field is weak enough that it's not impossible to imagine Gingrich outperforming the conventional wisdom. Given his liabilities, it's hard to see Newt winning the nomination (and even harder to see him winning the general election), but he could certainly make a strong showing in some early primary/caucus states.
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