Fueled by Tea Party supporters, conservatives and high-interest GOP primary voters, former Godfather’s Pizza CEO Herman Cain now leads the race for the Republican presidential nomination, according to the latest NBC News/Wall Street Journal poll.
And in yet another sign of how volatile the Republican race has been with less than three months until the first nominating contests, the onetime frontrunner, Texas Gov. Rick Perry, has plummeted to third place, dropping more than 20 percentage points since late August.
“Cain is the leader ... That’s the story,” said Democratic pollster Peter D. Hart, who conducted this survey with Republican pollster Bill McInturff.
But McInturff cautions that Cain’s ascent — and Perry’s decline — is probably not the last shakeup in a GOP race that has seen a series of sudden rises and abrupt falls (first Donald Trump, then Minnesota Rep. Michele Bachmann and now Perry) in the field.
“There is still a long, long, long time to go,” McInturff said.
Well, what they're leaving out is that Slick Mitt Romney has also been the front runner, and is the one the media and GOP elites want to have the nomination, because he's the candidate who will ensure Obama's second term.
Here's another piece of news. While Cain's 9-9-9 plan came under attack during that snooze fest of a GOP debate, as well as some economists, Human Events reports that Art Laffer, the father of supply side economics, supports it.
"Herman Cain’s 9-9-9 plan would be a vast improvement over the current tax system and a boon to the U.S. economy," Laffer told HUMAN EVENTS in a statement. "The goal of supply-side tax reform is always a broadening of the tax base and lowering of marginal tax rates."
Added Laffer: "Mr. Cain’s plan is simple, transparent, neutral with respect to capital and labor, and savings and consumption, and also greatly decreases the hidden costs of tax compliance. There is no doubt that economic growth would surge upon implementation of 9-9-9."
Laffer also said that "such a system provides the least avenues to avoid paying taxes, yet also maintains the strongest incentives for work effort, production, and investment."
Sure it's a simple plan, and it has caught the ears of the electorate. It's much better than "go to my website and see my plan," or "I haven't formulated my plan yet," or "I have a 59 point plan in a 100 page pdf at FlipFlop.com."
Robert Stacy McCain, who has supported Cain since November 2010, notes the following:
In the span of six weeks, Cain has gained 22 points and Perry has lost 22 points. And so the guy I started boosting 11 months ago is trouncing the guy whom I dubbed “The Phantom Menace” three months ago.
That is an impressive jump in the polls. From being around Cain on Friday, I can tell you there is a lot of energy and excitement about his candidacy that I don't see among the other candidates.
More at Nice Deb.