Kool-Aid has no expiration date.
In the longer term, though, the importance of any wave election isn’t only about the sheer number of seats gained and lost, but also about when the wave hits — or, more specifically, where it falls in the economic cycles of the country. And if you look at it that way, history suggests that the expected big bang of 2010 may well end up reverberating loudly through our politics for a long time to come.
That’s because, in the years ahead, the country might well experience the kind of economic recovery that the White House had hoped would take hold in time for this year’s elections.
Perhaps the New York Times should be given credit for temporarily abandoning the “You’re all too stupid to understand how awesome he is…” meme and going with “Don’t worry, the awesome will be here soon…” nonsense. That’s difficult to do, however, because they only abandoned it for two sentences.
This isn’t a sure thing, by any means; some economists are still predicting a long period of Japanese-style stagnation. But most Washington observers seem to be betting on the kind of upturn that’s more evident to voters.
You see, the stimulus has been a spectacular success, we’re all just too stupid to realize it.
One has to give the Times credit for this: once it goes through the looking glass it commits. It’s not enough to attribute any future GOP success to a whimsical economy, past successes get the spin treatment as well. (more…)







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