How soon you forget.
Last fall, in the mid term elections, the republicans swept just about everything. They won all the key elections and then some.
Obviously whatever it was the Democrats purported to offer last fall was unconvincing, and whatever it was the Republicans purported to offer was for whatever reasons, more complelling. It may indeed be conter-intuitive in the sense that people recognized we're in a period of relative austerity and slow growth for a while, and we need politicians who realize that, and who aren't simply going to keep raising taxes ad infinitum to prop up govt as usual. Who knows.
In any event, the depth and breadth of republican wins was undeniable. And this leaning isn't going to evaporate overnight.
I've talked to a lot of folks over the last several months, and they all seem to recognize that things were out of control in the late 1990s - that the 0% real unemployment rate, mega mergers, overpriced acquisitions and dotcom bubble era was an abberation from common sense, and that it was an odd time.
I think most people realize we're simply paying the piper somewhat for those whacky times, and returning to normalcy now economically. |