A wonkish debate is going on right now among campaign insiders: Will the GOP turn-out machine pull this rabbit out of the hat? Because Karl Rove insists that he is supremely confident that the GOP will hold the House, he has a lot of people in-the-know (who probably should know better) very nervous. Is this guy really going to beat us again?

An aside: on the lunatic-fringe side of the ledger, a debate is going on right now as to whether Karl Rove and Halliburton can steal the election through "rigged" voting machines. This debate among conspiracy theorists presents a very real problem, if, somehow, the Republicans were to hold the House. That is, we could very well see an irate splinter of the Democratic Party's most radical element take to the streets in mass protest.

Back to the more sane debate: the debate is really between the forces of "turn out" and the adherents of "persuasion." A few years ago, we heard non-stop chatter about "swing voters." Remember that? Those voters who could be persuaded regarding issues like the economy, health care, deficit spending, national defense, etc. The "independents."

However, for the last few election cycles, the buzz word has been turn out. The new conventional wisdom held that Americans had basically made up their minds about politics. They could not be persuaded; they could only be mobilized to vote or depressed into staying home. So we have heard statements like this: "Hillary energizes the Republican base;" and "the Gay Marriage issue is designed to mobilize evangelicals" (who, if they come out, will vote Republican).

Well, which is it: persuasion or turn out? The answer is "YES." It is both. This is why the GOP is in trouble. Americans are extremely unhappy with Iraq, the Bush administration and the Republican Congress. For all the talk about turn out and party infrastructure, policy and character still matter.

The GOP forgot that Ronald Reagan beat the media and the awesome Democratic infrastructure (without the help of a friendly conservative alternative media, conservative think-tanks or Karl Rove's ground forces). How did he do it? Ronald Reagan brought a cogent message to the American people with style, sincerity and wit.

The only saving grace for the GOP this time around is that the Democrats are just as lost as the Republicans. Neither John Kerry, Howard Dean or Nancy Pelosi approaches the sublime political artistry of Ronald Reagan.

The silver lining: we may be on the verge of a new cycle in which policy and results matter to politicians once again.