Hilzoy admires Obama's restraint:
I have wondered for years why politicians are so obsessed by the daily news cycle: most of the biggest stories on any given day will have been forgotten by most voters within six months. It's a real relief, after years of watching politicians grab as hard as they can for each micro-advantage at each moment in time, to see someone with larger sense of what matters: of the arc of a campaign, of when you can afford to hang back and let your opponent wear himself out, and when you need for everything to come together.
It also shows a lot of confidence. Not the kind of arrogance the McCain campaign complains about, of which I have seen very little evidence, but the kind of confidence that allows you to play a long game, rather than clawing for every apparent advantage, no matter how insignificant or counterproductive in the long run; to hold back sometimes; to choose understatement; and to keep your eyes on the prize. That, and discipline and self-restraint.