The liberal defeats yesterday are important for another reason. Money.
Obama needs donations desperately, and an awful lot of money is sitting on the sidelines waiting to see if he can win. Any indication that he may not win means that those who want something in return for their donation will hold off writing a check.
A lot of donations from business are really just protection money, they give to keep certain events from happening, and to gain an advantage over competitors-sad, but true. The protection money will remain on the sidelines for the most part, until he’s a sure thing.