Conventional wisdom (CW) can shift on a dime. This election is no exception:
Old CW: Republicans are in trouble because Rep. Paul Ryan (R-Wis.) will make the presidential race only about Medicare.
New CW: Democrats are in trouble because Paul Ryan has made the race about Medicare.
Old CW: Mitt Romney is too cautious.
New CW: Mitt Romney is bold.
Old CW: Paul Ryan will be the constant thorn in Mitt Romney’s side.
New CW: Joe Biden will be the constant thorn in Barack Obama’s side.
New CW: Look what got into Andrea Mitchell!
Old CW: Mitt Romney is falling way behind in the race.
New CW: Oh, it’s too early to say.
Old CW: President Obama’s likability is his great advantage.
New CW: Sure, Paul Ryan is likable, but what difference does that make?
Old CW: North Carolina is in play.
New CW: No one thinks North Carolina is in play.
Old CW: Women don’t like Paul Ryan.
Old CW: President Obama will run on the success of the auto bailout.