There are two main points to come out of the Iowa caucuses.

Mitt Romney’s victory, even by just 8 votes, reinforces the likelihood that he’ll be the Republican nominee. True, that by coming out of nowhere to fight Romney to a virtual tie, Rick Santorum has breathed new life into his campaign, and has a chance to consolidated support if Texas Gov. Rick Perry and Rep. Michele Bachmann, R-Minn., drop out. But Romney was able to win Iowa without campaigning heavily here. He has a commanding lead in New Hampshire and the money, resources and organization to sustain a multi-state campaign.

Four years ago, Democrats were frothing at the mouth to win back the White House after two terms of President Bush. Starting from Iowa, the enthusiasm they felt was palpable — and they would have been ready to fight for whoever emerged as the nominee. The night he won the caucuses, Obama addressed a crowd with thousands of supporters going wild. We haven’t seen any of the GOP candidates attract that sort of affection. And the entrance polls suggest conservatives still have major doubts about Romney. Tonight’s big winner may turn out to be neither Romney nor Santorum, but Obama.

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