UPDATE: After Iowa results came in, NBC's Chuck Todd declared, "Fourth place for Biden is catastrophic."
Now, we see headlines like this:
Excerpts from media reporting today:
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"With about two-thirds of the precincts reporting, Barack Obama’s vice president was sitting in fourth place."
"Joe Biden has staked his campaign on the argument that he is best positioned to ride anti-Trump sentiment to a victory in the general election. But his poor showing in the Iowa caucus raises questions about that strategy and whether he has the campaign structure to drive momentum into later states."
"Iowa Democratic insiders had warned for months that Biden did not have the kind of campaign they’d expect of a national frontrunner and anticipated a poor showing...the campaign’s state director, Jake Braun, did not live full time in the state."
"His placement behind his leading rivals in the caucuses on Monday dealt a damaging blow to his campaign. Some party officials say it was a long time in the works."
"Biden now faces jittery donors, an uncertain landscape in upcoming Democratic contests and a sharp challenge to the central argument of his campaign message: that he is the party’s strongest candidate to win a general election."
"Joe Biden's new reality: What happens when a candidate who guarantees wins starts by losing?"
Going into New Hampshire, national media report a 3-person race: Buttigieg, Sanders, and Elizabeth Warren.
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