His reasoning: because she is not “laying the adequate groundwork“.

On Fox News last night, the chairman of Iowa’s Democratic party said that Sen. Hillary Clinton (D-NY) is not laying the adequate groundwork for a presidenial campaign in the first caucus state and that many are starting to speculate she may not run if Sen. Barack Obama (D-IL) enters the race.

Said Iowa Democratic Chair Rob Tully: “She’s been quiet and, you know, there’s a question that we all hear is that she may not get in this if Barack Obama gets in. I have never seen a reaction other than Bill Clinton in terms of the excitement that people have to meet Barack Obama. Some people just wanted to touch him.”

National Journal’s Chuck Todd is having doubts too.

Update: Hillary for Supreme Court Justice?