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I've worked in the U.S. Senate a little, and for years I've said that small-town mayor is better preparation for the Presidency than time in the Senate.

Why? Because in the Senate, you give speeches and vote, but as a mayor you have to bargain, day in and day out: Haggle with the water department over the budget, negotiate with the police chief about how many cops to have on patrol at inconvenient hours, things like that.

As economist Donald Wittman (author of The Myth of Democratic Failure) might point out, being a mayor is all about Coasian bargaining. Being a Senator is emphatically not.

The big exception, one I've consistently referred to: Senate leadership. The high-level Senate leadership bargains with the WH, with Senators, and with the House all the time.

Committee chairs, not so much, since Senate committees are historically weak. Biden's foreign relations committee and McCain's commerce committee experiences may be exceptions.

By reasonable measures, Obama has less Coasian bargaining experience than Palin. The link in the URL gives another way to see who's good at such bargaining.....

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