On the main site, I have an article up arguing that despite his many political liabilities, Mitt Romney is the slight frontrunner for the 2012 Republican nomination, given the weakness of the GOP field.
For an alternate take on the GOP race, check out Karl Rove’s latest, in which he warns Republicans not to get cocky about 2012 given that sitting presidents are typically hard to beat, and the GOP field is wide open right now.
I’d make this additional point. As vulnerable as Obama may seem right now, Republicans still have to unite around a candidate who can beat him. And right now, all of the Republicans who are mentioned as possible candidates have severe flaws that make them either unattractive to conservatives or to the public at large.
People always talk about how in 1980, a lot of people viewed Reagan as unelectable. Yet one thing is clear — if you were a committed conservative during that primary season, Reagan was your choice. Is there anybody like that today? I would argue that there isn’t.