Let's not get lathered up worrying about what Sen. John Kerry meant when he contrasted the value of book learning to the value of getting shot at in a foreign war. Instead let's assess the public reaction and its possible impact on Tuesday's elections. Parsing Kerry's words is a waste of time. Did he mean a lack of education might make one, like George W. Bush, an ignorant warmonger? Or only that hard work and hitting the books will keep one far away from the violent desert sands of volatile Iraq? Most informed speculators have adopted the second interpretation. But...