At any point in 2009 or 2010, news that Sarah Palin was taking "concrete steps" toward launching a presidential campaign would have sent the political world into an absolute frenzy, with Democrats rejoicing, Republican leaders panicking, and cable news channels shifting into "all Sarah, all the time" overdrive.
But things are a little different now, and while a report in Thursday's New York Times that Palin is sending fresh and unmistakable signals that she may join the GOP's 2012 field is certainly generating conversation, this hardly feels like the earth-shattering, campaign-altering development we once assumed it would be.
What's changed? ...
Republicans may have realized they had a problem when Palin (correctly) blamed the Bushes (and implicitly Ronald Reagan) for wrecking the economy.