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Perry vs. Romney: Does it matter whom Obama faces in 2012? In short, yes.

Even with high unemployment and a sluggish economy, it still matters whom the Republican Party nominates to face Obama. For now, Romney appears likely to be a tougher foe than Perry.

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Perry’s comments on Social Security appeared to hurt his standing in the PPP poll. He has repeatedly called the program a Ponzi scheme, without making it clear that his intent is to fix it, rather than do away with it. In recent days, he has attempted to clarify his position – that he would not eliminate Social Security.

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Still, Perry remains ahead of Romney in national polls of Republican voters by double digits. Conservative tea partyers are far more enthusiastic about Perry than Romney, and are more energetic in their political involvement than mainstream Republicans. They could help Perry to the nomination.

But if that happens, Obama’s Democratic base – more worried about a Perry presidency than a Romney presidency – would likely coalesce and rise up to defend him.

Romney would be harder for Obama to defeat, says William Galston, a Brookings Institution scholar who served in the Clinton White House. “One can criticize Mitt Romney, but it’s not so easy to demonize him,” he says.

Galston sees growing parallels to the 1980 election, which pitted challenger Ronald Reagan against the incumbent president, Jimmy Carter.

“In Stage One, the American people reached a rough-and-ready conclusion that they were willing to replace President Carter if a reasonable alternative presented itself,” Galston says. “In Stage Two, which didn’t crystallize till late in the campaign, till after the Reagan-Carter debate, they decided Reagan was a reasonable alternative or at least reasonable enough.”

The question is – if Perry gets the nomination – can he make himself seem “reasonable enough” to general election voters to defeat Obama? It’s still early, and most Americans aren’t yet paying close attention to the presidential contest. But when they do, if the country is in tougher shape than it is now, Perry might seem presidential enough. If the picture is murkier, and Obama is seen as marginally viable, then facing Perry (and not Romney) might be enough to hand him four more years.

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