On this question, I tend to agree with Patrick Ruffini rather than Hugh Hewitt. which is perhaps not surprising. If given a longer period of time — say, three weeks — Mitt Romney could probably use his financial advantages, increasingly unified support from the conservative establishment, and John McCain himself to turn the race around. But Romney doesn’t have that much time. The conservative establishment came around to Romney too late; McCain has high enough name recognition and a big enough bounce in the larger states to compensate for his relatively lackluster financial situation.
That’s at least what I suspect. But I’ve been wrong before. We’ll find out soon enough.