THE LAST OF THE LIBERALS

AS THE NEW YORK MAYOR'S RACE PROVES, EVEN IN THE BIG CITIES, FISCAL CONSERVATISM HAS WON THE DAY

Most of the commuters exiting the 34th Street subway stop last Monday morning treated Democrat Ruth Messinger with resolute indifference. But they weren't the demoralizing ones. They were those who felt bad for her, like George, a 33-year-old accountant. After pronouncing that incumbent Rudy Giuliani is rash and a bad listener, he strode over to Messinger and clasped her hand. "Not this time," he consoled, as the smile vanished from the candidate's face.

The press has derided this year's race for mayor of New York City as boring and meaningless. But in tiny, sad moments like those at the subway stop,...

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