TIME: McCain is a 'long shot'

A rare glimpse of political reality from the corporate media (TIME):

Oh, let's just admit it: John McCain is a long shot. He's got a heroic personal story, and being white has never hurt a presidential candidate, but on paper 2008 just doesn't look like his year. And considering what's happening off paper, it might be time to ask the question the horse-race-loving media are never supposed to ask: Is McCain a no-shot?

Last week, the McCain campaign's case against Barack Obama went something like this: He's irresponsible when it comes to Iraq, naive when it comes to Iran, and a big-government liberal when it comes to the economy. But now Iraqi Prime Minister Nouri Al-Maliki has more or less endorsed Obama's plan to withdraw from Iraq, forcing McCain to argue that Maliki didn't really mean it, and even the Bush administration has accepted a "time horizon" for withdrawal, if not a precise "timetable." The Bush administration has also engaged in some diplomatic outreach with Iran, just as Obama has recommended, a severe blow to McCain's efforts to portray Obama's willingness to talk as appeasement. And on the economy, a TIME/Rockefeller Foundation poll found that 82% of the country supports more federal infrastructure spending designed to create jobs. When big-government liberalism is all the rage, McCain's courage in opposing water projects or the farm bill becomes less of a selling point. [...]

That doesn't mean that anything's probable. The media will try to preserve the illusion of a toss-up; you'll keep seeing "Obama Leads, But Voters Have Concerns" headlines. But when Democrats are winning blood-red congressional districts in Mississippi and Louisiana, when the Republican president is down to 28 percent, when the economy is tanking and world affairs keep breaking Obama's way, it shouldn't be heresy to recognize that McCain needs an improbable series of breaks. Analysts get paid to analyze, and cable news has airtime to fill, so pundits have an incentive to make politics seem complicated. In the end, though, it's usually pretty simple. Everyone seems to agree that 2008 is a change election. Which of these guys looks like change?