As the talk winds down about the meaning of the last election, I think a couple of points are worthy of mention.
Midterm elections generally do what this one did—give the sitting president a thumping. It happened with Reagan, Clinton, and both Bushes. The only one in recent memory it didn’t happen with was Carter. And all that pent-up desire for change did him in in one term.
Sitting presidents get blamed for stuff. But presidents can also work with the other party to effect change. There’s nothing like an electoral drubbing to help you reset your mandate.
The job numbers are improving. The last five quarters have shown slow but steady growth. The stock market is back to the stratosphere. The signs are positive. They were just a little slow to help the Dems in time for the election.
Midterm elections—the laggiest lagging economic indicator.
And hey, with the surge in employment numbers generated by all the new Republicans being employed, things are sure to perk up.
Still. You have to be concerned. We were in a pretty deep pit. And it’s only been two years. Was Obama a victim of the voter base that vaulted him into power in the first place? Did the younger voters bow out? Was the instant gratification generation absent without leave?
Politicians are always wary of the younger vote. Historically, it’s not been as reliable as oldsters. Shake the Social Security sword and the rattling will wake a septuagenarian. And with vote by mail, he can do so from his Depends dispenser. The rattle this time was from the fear the new socialist health care bill would take away their socialist Medicare.
But the young? Who knows?
Maybe if they’d been allowed to text in their vote...
America, ya gotta love it.
Monday, November 15, 2010
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