ANY day now, Hillary Clinton is expected to declare that she is running for president. For most Americans this will be as surprising as the news that Cinco de Mayo will once again be on May 5th. Mrs Clinton has had her eye on the top job for a long time. She nearly won it in 2008 and is in many ways a stronger candidate now. She and her husband have built a vast campaign machine. The moment Mrs Clinton turns the key, it will begin openly to suck up contributions, spit out sound bites and roll over her rivals. Some think her unstoppable: Paddy Power, an Irish bookmaker, gives her a 91% chance of capturing the White House in 2016.
Steady on. The last time she seemed inevitable, she turned out not to be. The month before the Iowa caucuses in 2008, she was 20 points ahead of other Democrats in national polls, yet she still lost to a young senator from Illinois. She is an unsparkling campaigner, albeit disciplined and diligent. This time, no plausible candidate has yet emerged to compete with her for the Democratic nomination, but there is still time. Primary voters want a choice, not a coronation (see article). And it is hard to say how she would fare against the eventual Republican nominee, not least since nobody has any idea who that will be. The field promises to be varied, ranging from the hyperventilating Ted Cruz to the staid Jeb Bush. Rand Paul, a critic of foreign wars and Barack Obama’s surveillance state, joined the fray on April 7th (see article). Still, Mrs Clinton starts as the favourite, so it is worth asking: what does she stand for?