The boss writes in the Washington Post:

I like Sarah Palin (though I don't know her well). I respect her (though I'm aware of some of her limitations). I wish her well (though I'm not convinced she should be the 2012 Republican presidential nominee). I am convinced, though, that she should have a chance to compete and make her case. In this, I seem to differ from many of my friends in the mainstream media and the Republican establishment. They tend not only to dislike and disdain Palin, they also want to bury her chances now as a presidential possibility. What are they so scared of? It's silly to claim Palin has no chance to win the nomination or the presidency. The fact is, despite a rough campaign in 2008, Palin has been (for what it's worth at this stage) a co-front-runner in polls of GOP primary voters for 2012, along with Mitt Romney and Mike Huckabee. In a recent Pew survey, she had the strongest favorable-unfavorable numbers of the likely candidates among Republicans. She has fervent supporters, which would presumably help her in primaries and caucuses. Among the general public, she has a not-great but not-unmanageable 45-44 favorability rating. Will her poll numbers fall because she has opted to step down early from the Alaska governorship? Perhaps. But the short-term effect of that decision will soon be swamped by judgments people make as they see her out and about, speaking and opining on the issues of the day. She'll be able to make the case effectively that she should be the nominee, or she won't.

Continued here.