On the Friday edition of the Chad Hasty Show Mike Tanner, senior fellow at the Cato Institute, talked with Chad Hasty about last night's vice presidential debate.

Tanner said that last night, both Joe Biden and Paul Ryan did what they set out to do. Biden was able to re-invigorate the Democratic party, and Ryan showed that he was the "monster" the Obama campaign made him out to be. In that sense, the debate ended in a draw. However, Tanner thinks that the debates as a whole probably won't have much effect on the polls.

"The big question is going to be next Tuesday in the next Obama/Romney debate, and I don't think that's going to likely change much at all because of the format. That's going to be a town hall meeting, and those things are very tough for the candidates to really do much unless there's a huge gaff. They can't engage each other very much in those things, and you get kind of weird questions sometimes from the audience, so they're not really liable to move the needle very much."

Tanner said that the 2nd debate might be a good one for Romney, and that Obama will not be able to have the kind of debate he wants due to the town hall format. The next presidential debate will take place Tuesday, October 21st.