By Lawrence Kudlow
October 7, 2008
John McCain needs a knockout performance at Tuesday night's presidential debate if he is to keep his hopes alive.
Right now polls paint a dismal picture for Sen. McCain. Rasmussen shows Obama leading 52 to 44, Obama's highest level ever. (Moving above 50 percent is a key indicator.) The RealClearPolitics average has Obama up 6 points. InTrade shows Obama up by 34 points. It also could be that key states like Ohio and Florida are now up for grabs, while Obama could win in swing states like Virginia and North Carolina. McCain, of course, is moving out of Michigan.
The financial crisis and economic downturn clearly have buried Sen. McCain in recent weeks. Some of McCain's supporters think he can turn the page on the economy Tuesday night and instead attack Obama on character and qualifications. That doesn't seem realistic.
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