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I think Biden did a real service to Obama when it came to foreign policy experience, of which he has plenty. He basically made the case that for all of McCain's military experience, McCain's been fundamentally wrong in his foreign policy ambitions and approach.
So you basically have Biden able to match or best McCain on military/foreign policy while Obama and Biden can both do the same to Palin on economics. The latter has executive experience but seems ill-prepared or unable to transfer that experience on the national level due to unfamiliarity or not enough understanding of it.
Biden essentially argued that he and Obama want to do exactly what Palin did successfully in Alaska - tax super wealthy companies to give tax breaks to the middleclass. McCain's tax proposal is polar opposite to what Palin did in Alaska. She taxed oil companies in order to cut taxes for the middleclass and to give the the middleclass royalties from oil revenues. Her past success in this area is actually in lockstep with Obama's tax plan.
Biden also challenged McCain's "Maverick" status directly.
I think these things make Obama and Biden a more formidable team at this point.
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