As we approach the final tallies of the spectacularly inept Iowa caucuses, I think it’s fair to say that – despite all of the time, expense, and effort – it ultimately tells us very little.
The tie between Bernie Sanders and Pete Buttigieg shows that the party is still fairly balanced between its progressive and centrist factions.
This is true even if you add the results of the other leading candidates together. Looking at the final vote tallies, Sanders and Warren together got 46.8%. Buttigieg, Biden, and Klobuchar together got 50.9%. (I don’t know how to classify Yang.) In the end, the party might coalesce around a more centrist candidate, but that’s by no means guaranteed, and it hints that any centrist candidate will have to reach out to the progressive wing. (Though I suspect their temptation is likely to be telling the progressive wing to suck it and fall in line.)
However, we still have the wildcard of Michael Bloomberg, which could further disrupt the race. Bloomberg is advertising his way (buying his way, US$300mm and counting) into the middle of the pack in recent polls, doing far better than other candidates who have been hustling and meeting voters for a year or more. But he chose to not compete in Iowa and isn’t competing in New Hampshire, so it’s hard to gauge his actual electoral support. After all, Biden has been leading those same national Democratic polls for a long time, but placed fourth. Which, maybe that’s the one clear and meaningful result. Tanking that bad is not a good look.