Ron Paul Could Lead From Behind

News Politics

Ron Paul is the wild card in the Republican presidential deck—and that makes him one of the most important cards of all right now.

It was possible earlier this year to write off the libertarian Texas congressman as an eccentric simply looking, as he did four years ago, for a place on a debate stage to proclaim his gospel of small government and hard money. But now Mr. Paul appears to be the man who could shape the outcome of the Iowa caucuses, which could go a long way toward shaping the overall race.

Nationally, Mr. Paul’s support runs a modest 10% or so in most polls, putting him well behind front-runners Newt Gingrich and Mitt Romney. But in Iowa, four polls in the past couple of weeks have put him at an average of 18%—high enough to compete for second place…

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