In Great Britain, when you lose the race to lead your nation, you generally become leader of the opposition in Parliament.  It’s a highly visible, highly political job.  In the NFL, when you lose the Super Bowl, you usually return the next season as a powerhouse contender.  You’re feared and respected as the champion of your conference.  In the Olympics you get a silver medal.  In presidential politics, you get nothing.

Perhaps in no area of life is the difference between winning and losing so stark as in American presidential elections. ...

December 03, 2012