Why Barack Obama Is Winning

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Almost exactly two years ago, I had my first formal interview with Barack Obama — and he appeared on this magazine's cover for the first time. It wasn't an easy interview. His book The Audacity of Hope had just been published, but his policy proposals didn't seem very audacious. He actually grew a bit testy when I pushed him on the need for universal health insurance and a more aggressive global-warming policy — neither of which he supported. He has stayed with his less-than-universal health-care plan, and I still find it less than convincing. And his cap-and-trade program to control carbon emissions has taken a backseat to the economic crisis — although Obama insisted that he still favored such a plan, so long as consumers are cushioned with rebates when energy prices rise.

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But Obama seems a more certain policymaker now, if not exactly a wonk in the Clintonian sense. He has a clearer handle on the big picture, on how various policy components fit together, and a strong sense of what his top priority would be. He wants to launch an "Apollo project" to build a new alternative-energy economy. His rationale for doing so includes some hard truths about the current economic mess: "The engine of economic growth for the past 20 years is not going to be there for the next 20. That was consumer spending. Basically, we turbocharged this economy based on cheap credit." But the days of easy credit are over, Obama said, "because there is too much deleveraging taking place, too much debt." A new economic turbocharger is going to have to be found, and "there is no better potential driver that pervades all aspects of our economy than a new energy economy ... That's going to be my No. 1 priority when I get into office."

That sort of clarity is new. At the beginning of the year, Donna Brazile said of Obama, "We know he can walk on water — now where are the loaves and fishes?" The inability to describe his priorities, the inability to speak directly to voters in ways they could easily comprehend, plagued Obama through much of the primary season. His tendency to use big rhetoric in front of big crowds led to McCain's one good spell, after Obama presumptuously spoke to a huge throng in Berlin after his successful Middle East trip. Only a President should make a major address like that overseas. Obama seemed to learn quickly from that mistake; his language during the general-election campaign has been simple, direct and pragmatic. His best moments in the debates came when he explained what he wanted to do as President. His very best moment came in the town-hall debate when he explained how the government bailout would affect average people who were hurting: if companies couldn't get credit from the banks, they couldn't make their payrolls and would have to start laying people off. McCain, by contrast, demonstrated why it's so hard for Senators to succeed as presidential candidates: he talked about Fannie Mae and Freddie Mac and the sins of Obama, and never brought the argument home.

(See photos of Obama's extended family here.)

(See a gallery of campaign gaffes here.)