I think it's safe to say that the long-held Liberal belief that all they had to do was elect a fresh new leader and wait for an election or Harper to drop the ball to regain power as the natural governing party is dead. Bottom line, if they want to get back in power they will have to deserve it, not win by default.
I would agree with Slava that failing to win or show well in ridings they had no business winning doesn't really say much more than the status quo seems in balance. Problem if you're a Liberal though is that the status quo is them polling south of 30% while the Conservatives shore up 40%.
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