If Hillary Clinton loses, does she know how to lose? What will that be, if she loses? Will she just say, "I concede" and go on vacation at a friend's house on an island, and then go back to the Senate and wait?

Is it possible she could be so normal? Politicians lose battles, it's part of what they do, win and lose. But she does not know how to lose. Can she lose with grace? But she does grace the way George W. Bush does nuance.

I ruminate in this way because something is happening. Mrs. Clinton is losing this thing. It's not one big primary, it's a rolling loss, a daily one, an inch-by-inch deflation. The trends and indices are not in her favor. She is having trouble raising big money, she's funding her campaign with her own wealth, her moral standing within her own party and among her own followers has been dragged down, and the legacy of Clintonism tarnished by what Bill Clinton did in South Carolina. Unfavorable primaries lie ahead. She doesn't have the excitement, the great whoosh of feeling that accompanies a winning campaign. The guy from Chicago who was unknown a year ago continues to gain purchase, to move forward. For a soft little innocent, he's played a tough and knowing inside/outside game.

The day she admitted she'd written herself a check for $5 million, Obama's people crowed they'd just raised $3 million. But then his staff is happy. They're all getting paid.

Mrs. Clinton would be easier for Republicans. With her cavalcade of scandals, they'd be delighted to go at her. They'd get medals for it. Consultants would get rich on it.

The Democrats have it exactly wrong. Hillary is the easier candidate, Mr. Obama the tougher. Hillary brings negative; it's fair to hit her back with negative. Mr. Obama brings hope, and speaks of a better way. He's not Bambi, he's bulletproof.

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