Democrats’ first line of attack was to scare retirees by claiming that Romney-Ryan would “end Medicare as we know it.” The second step was to accuse Mitt Romney of endorsing every aspect of every bill that Paul Ryan had ever written. Two weeks on, the two-pronged attack failed to put a dent in Romney’s poll numbers. That had Team Obama a bit jittery. And when economic historian Niall Ferguson wrote a Newsweek cover story last week titled “Hit the Road Barack” the frayed nerves erupted into full-throated panic.
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