Paul Krugman: Deliverance or Diversion?

After their victory in the 2006 Congressional elections, it seemed a given that Democrats would try to make this year’s presidential campaign another referendum on Republican policies. After all, the public appears fed up not just with President Bush, but with his party. For example, a recent poll by the Pew Research Center shows Democrats are preferred on every issue except terrorism. They even have a 10-point advantage on “morality.”

Add to this the fact that perceptions about the economy are worsening week by week, and one might have expected the central theme of the Democratic campaign to be “throw the bums out.”

But a funny thing happened on the way to the 2008 election.