In the Economist:
For what America's voters, and the world's fascinated spectators, have not had so far is much of a policy debate. Yes, there were bone-aching arguments between Mr Obama and Mrs Clinton as to whose plan for health care would work best. And yes, Mr Obama refused to endorse Mrs Clinton's bad plan for a gas-tax holiday. But on the whole, it has been a policy-light contest for the simple reason that there was very little to choose between the two Democrats either on domestic or on foreign policy. Small wonder, then, that the Democratic race focused on character more than content.
And also, this excellent blurb about McCain:
And the end of [the GOP primary process] was surely the right result. In John McCain, the Republicans chose a man whose political courage has led him constantly to attempt to forge bipartisan deals and to speak out against the Bush administration when it went wrong. Conservatives may hate him, but even they can see that he offers the party its only realistic hope in November.
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