It’s been three days since his Iowa shocker, and Rick Santorum is still in New Hampshire. He’ll be here Saturday, too, and for most of the remaining time until Tuesday’s primary.

It’s a risky play, a big bet with a seemingly modest return. Mitt Romney has something close to an insurmountable lead in the state. And there are serious questions about whether Santorum would be better suited to park himself in South Carolina, where Romney is considerably weaker and the former Pennsylvania senator’s message might be better received by the socially conservative GOP electorate there.

Chip Saltsman, who made the same decision to compete in New Hampshire after a surprise Iowa showing while managing Mike Huckabee’s 2008 campaign, said in hindsight that was a mistake.

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