CentristNet

Both candidates excelled in a night of debate filled mainly with recited stump speeches that were largely unresponsive to moderator Gwen Ifill’s questioning without any major gaffes. The key question going into the debate was whether Sarah Palin could reestablish her credibility after a series of missteps in interviews. Palin clearly met that bar and avoided what could have been a support meltdown on the Republican side if she had tanked.

Biden was knowledgable and forceful in his policy discussions, especially in the foreign policy discussions. Thematically, Biden did his job by linking McCain to Bush and demonizing Bush in an effective manner. Palin survived on foreign policy issues and excelled on tax and energy issues. Thematically, Palin did her job and by reinforcing McCain’s image as a maverick and linking Obama to higher taxes, more government and a loss in Iraq. From an objective point of view, both candidates did what they set out to do and the debate was essentially a tie.

The initial pundit reaction was predictable: CNN and MSNBC called it for Obama, Fox News called it for Palin. However, even the CNN “analysts” agreed that Palin swept aside credibility questions with her performance and boosted GOP morale and any threat of Palin “dragging down” McCain was erased. Predictably again, the focus groups set up by CNN and Fox News split in their reaction. CNN/Opinion Rsearch’s instant poll shows a 51-39 Biden victory, with 84% believing Palin exceeded expectations and 64% believing Biden exceeded expectations. with 55% Fox’s text message poll went for Palin, 86-12.

As for undecided voters, CBS’s poll of undecided went to Biden, 46-24%, with 55% stating their view of Palin improved. Importantly, CBS’s poll 18% of the undecideds are now committed to Obama, while 10% of the undecideds are now committed to McCain. If this takeaway from the VP debate holds, with Obama gaining more than McCain from undecideds, the McCain campaign will continue to slide in the polls.

Regarding the impact on the presidential race, most soft McCain voters who were concerned about Palin’s recent interview performances were likely part of the 84% in CNN’s poll who believed Palin beat expectations. The question becomes how independents and conservative Democrats react to the debate over the next few days. These groups strongly dislike Bush and Palin did condemn the Bush Administration several times and talked about looking to the future instead of backward.

With the second Obama-McCain debate set for a week from now, McCain is likely to become much more aggressive attacking Obama should the House pass the bailout package passed by the Senate yesterday. McCain has a set of commercials relating to the GOP’s version of the cause of the economic crisis – failure to control Fannie Mae and Freddie Mac – set to be unleashed once the House acts.

The media often talks about the great Right Wing Attack Machine, and Hillary Clinton often warned that Obama would not be able to withstand a full-on assault. Expect the GOP and third party groups to unleash “Greek fire” on Obama on both the economic crisis and his character issues (Wright, Rezko, Ayers, Marshall, ACORN, etc.) as soon as the bailout passes. The only way that McCain can win this election at this point is to return the focus to a referendum on Obama’s fitness for office instead of the quality of the Bush years.

Technorati Tags: attack, Barack Obama, bush, bush clone, credibility, debate, Fannie Mae, gaffes, greek fire, Joe Biden, John Mccain, missteps, Sarah Palin, separate, stump speech, victory, vp debate