As further proof that the entire 2008 presidential race is accelerating at a stunning pace, we’re poised to have our first major withdrawal.
CNN, AP, and National Journal are all reporting that former Iowa Gov. Tom Vilsack, who was the first candidate to enter the race, will be the first candidate to leave the race.
Democrat Tom Vilsack is abandoning his bid for the presidency after struggling against better-known, better-financed rivals, a senior campaign official told The Associated Press on Friday.
Vilsack left office in January and traveled through states holding early tests of strength. He had faced a tough challenge from rivals such as New York Sen. Hillary Rodham Clinton, Illinois Sen. Barack Obama and John Edwards, who have had more success raising money and attracting attention — even in Vilsack’s home state of Iowa.
Vilsack was scheduled to make a formal announcement later in the day. The official spoke to the AP on condition of anonymity to avoid pre-empting the Democrat’s statement.
Vilsack was always a long shot — he liked to tell audiences, “I’m not a rock star, but I’m rock solid” — but I didn’t expect him to drop out this quickly. I can’t help but wonder if this week’s trouble over his proposal to add price indexing to Social Security, which, to put it mildly, was not well received, might have had something to do with the decision.
For real fun, watch every Democratic contender in the field sing Vilsack’s praises today, as they all seek his endorsement, which might carry some weight in Iowa.
Who wins and who loses by Vilsack’s departure? At the risk of being rude, his campaign hadn’t really built up enough support to matter that much, but I’d say New Mexico Gov. Bill Richardson probably gains the most from this. At this point, he’s the only Democratic candidate in the race with executive experience, and as the media never tires of telling us, governors tend to do fairly well in presidential races.