'The Anxiety Election''

Paul Krugman.

Democrats won the 2006 election largely thanks to public disgust with the Iraq war. But polls — and Hillary Clinton’s big victory in Ohio — suggest that if the Democrats want to win this year, they have to focus on economic anxiety.

Some people reject that idea. They believe that this election should be another referendum on the war, and, perhaps even more important, about the way America was misled into that war. That belief is one reason many progressives fervently support Barack Obama, an early war opponent, even though his domestic platform is somewhat to the right of Mrs. Clinton’s.

As an early war opponent myself, I understand their feelings. But should and ought don’t win elections. And polls show that the economy has overtaken Iraq as the public’s biggest concern.

True, the news from Iraq will probably turn worse again. Meanwhile, a hefty majority of voters continue to say that the war was a mistake, and people are as angry as ever about the $10 billion a month wasted on the neocons’ folly. . . .

The state of the economy, on the other hand, could well give Democrats a huge advantage — especially, to be blunt about it, with white working-class voters who supported President Bush in 2004. . . .

According to exit polls, Mr. Obama narrowly edged out Mrs. Clinton among Ohio voters who consider Iraq the most important issue — but these voters cast only 19 percent of the ballots in the Democratic primary. Meanwhile, Mrs. Clinton led by 12 points among the much larger group of voters citing the economy as the most important issue — and by 16 points among those who cited health care. Mrs. Clinton’s winning margin was twice as large among those who were worried about their own financial situation as among those who weren’t.

Why has Mr. Obama stumbled when it comes to economic issues? Well, on health care — which is closely tied to overall concerns about financial security — there is a clear, substantive difference between the candidates, with the Clinton plan being significantly stronger.

More broadly, I suspect that the Obama mystique — his carefully created image as a transformational, even transcendent figure — has created a backlash among those unconvinced that he’s interested in the nuts-and-bolts work of fixing things. Ohio voters were more likely to say that Mr. Obama inspires them — but more likely to say that Mrs. Clinton has a clear plan for the country’s problems. . . .

And, as the Democrats ponder their choices, they might want to consider which candidate can most convincingly ask: “Are you better off now than you were eight years ago?”