1. The news here is the collapse of Biden. He's been the national polling leader for a year and lead in most Iowa polls until fairly recently. He ended up a distant fourth.
2. The excuse for Biden is that Iowa (very white, liberal-leaning) doesn't play to his strengths. True: but he had other advantages: Sanders/Warren/Klobuchar were busy with impeachment, giving Biden a chance to hold personal events in a state where that's important.
3. Also Biden got lots of local endorsements. And he's been burning his money faster than his big rivals (a dangerous move since he has less of it). The 4th place finish in Iowa puts him in a precarious position.
5. Five Thirty Eight, which has been bearish on Sanders' chances, is suddenly much more bullish in the wake of Biden's collapse.
6. Some larger thoughts on Biden's very bad Iowa performance and what it portends. thenation.com/article/politi…
