One month ago, before anyone knew much about Governor Palin, I made some wild predictions, including the outcome of last night's debate:
Palin will defeat Biden in the Vice President debates in terms of popular opinion, but the mainstream media will declare Biden the winner.
This was written before she had given her convention speech.
Over the next few days, the outcome will become more clear, but there are several key indications that it was a split decision between the public and the mainstream media:
Popular opinion went to Palin:
The four indicators I would use here are: Frank Luntz's undecided focus group, Drudge Report insta-poll and Intrade Market odds.
Luntz focus group of undecideds
The Luntz polling organization gathers a reasonable sample of undecided voters for every debate and polls them immediately afterward. Palin won this group
20-4. This is unprecedented in their experience.
Drudge Report insta-poll
After 416,000 votes cast, Palin has a knockout lead of 70%-28%. It is fair to argue that Drudge's readership skews right, but compared to previous Drudge polls, this was extraordinary.
Intrade Market odds
This is the best single number to see what the general public thinks in terms of who will win the election at any given moment. At the start of yesterday's debate, the odds were heavily in Obama's favor: approximately 69:31 in favor of Obama. In the next 12 hours, the odds dropped sharply, down to 65:35. In the morning trading, Obama has gained some ground, but it is possible that this is due to the mainstream media morning-after effect.
Media pundits called it for Biden:
Although many analysts said that Palin exceeded expectations, that is nothing like saying she won the debate. She had been so pilloried since the Gibson and Couric interviews, this was not much of a compliment. There is no question that a comprehensive summary of MSM scores would show a large margin of victory for Biden.
CNN's report card, for example, gives Biden 3 A's and 2 B's, while Palin received 2 A's, 2 B's and a C.
Here is a roundup of mainstream media analysis, which gives the edge to Biden.
Why do these predictions matter? Because political analysis is like science. Theories that cannot explain unknown data are not worth much. In politics, the unknown data are future events. Many of them are unknowable, but a great deal are predictable from valid hypotheses.