He did it!!
Just two months ago, a Clinton landside was a foregone conclusion. But Obama has come back to win Iowa by eight points over Clinton and Edwards, who finished in a near tie for second. There are so many great articles out there on what happened Thursday. I like this summary from HorseRaceBlog. Of note: on the GOP side, author Jay Cost predicts the future for both Romney and Thompson is bleak.
How did Obama win?
1. He is junior Senator from Illinois and very much in tune to the issues important to the people of the region. He has been particularly vocal about corn-based ethanol, which potentially offers a huge boost to the Iowa economy.
2. Not only is Obama overwhelmingly popular with the young, the young actually bothered to turn out to vote for him. Fifty-seven percent of Iowa caucus-goers reported this as their first ever caucus, and forty-one percent of those voters voted for Obama. Among the youngest voters, those under age thirty, fifty-seven percent voted for Obama, only fourteen percent for Hillary, and eleven percent for Edwards.
It was well known that Obama is the candidate of the young, but there was concern that this demographic would be the least likely to turn out for the polls. Obama may have laid those fears to rest in Iowa yesterday. This bodes well - perhaps very well - for his future on the primary trail.