http://www.guardian.co.uk/commentisfree/2012/nov/07/obama-progressives-left-entitlements?CMP=email
The greatest and most enduring significance of Tuesday night's election results will likely not be the re-election of Barack Obama, but rather what the outcome reflects about the American electorate. It was not merely Democrats, but liberalism, which was triumphant. To begin with, it is hard to overstate just how crippled America's right-wing is. Although it was masked by their aberrational win in 2010, the GOP has now been not merely defeated, but crushed, in three out of the last four elections: in 2006 (when they lost control of the House and Senate), 2008 (when Obama won easily and Democrats...
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who is in denial? The GOP?
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Huntington Beach, CA
Everything goes in cycles. We've seen politics go from social nationalism in the 50s to nearly unrestrained capitalism in the 90s and 2000s. The next step in that direction was a reversion to the days of robber barons controlling politics. Maybe we've averted that outcome and are back on track toward social progressive politics. If that's true, then expect taxes to rise, unions to wax, and ironically, prosperity to return.
If history repeats itself that is.
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Lafayette, CA
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Melmakian says
Shrek: They are in denial about everything.
edvard: who is in denial? The gop?
Shrek: Thanks for proving me correct.
This is the type of childish idiocy that (I hope) will ruin the GOP for good and forever.
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Bellingham, WA
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I feel the same way I did in 2008, but then 2010 happened.
Dems really need to get people to the polls every year. 2010 should never happen again.
We've got many possible paths on our way to 2014, a lot of them are pretty bad.
But over all I expect a middle course. More of the same BS of 2010-2012, though EUC is running down now:
http://research.stlouisfed.org/fred2/graph/?g=cCx
All benefits (SSA, Medicare-Medicaid/ EUC) are pushing $2.4T now:
http://research.stlouisfed.org/fred2/graph/?g=cCy
which is $17,000 per payroll job. Oddly high, but impressive actually. This is going to explode this decade as the boomers continue to age into eligibility (plus PPACA!)
http://research.stlouisfed.org/fred2/graph/?g=cCz for per-job graph.
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Melmakian says
Yes- the GOP is in denial. Denial that they are basically becoming a relic.