Being secretary of state lets Hillary Clinton look serious and diligent, which she is, while sparing her from close daily scrutiny. Running for president would put her back under the microscope, where she doesn't look so appealing.
There are other things working against her, writes Steve Chapman. One is that it's very hard for a party to win three consecutive presidential elections. Except for 1988, it hasn't happened since Harry Truman's day. The Clinton good times, remember, were not enough to deliver Gore to the White House.