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To: ajtj99 who wrote (256493)	6/24/2010 12:28:47 PM
From: neolib	Respond to of 306849

I think the only way Pawlenty and the Republicans could screw things up in 2012 is if they picked a running mate like they did in 2008. Depends on what happens between Nov 2010 and Nov 2012 with Rep majority in the House, and at least filibuster control of the Senate. If their behavior is viewed as having caused more problems than doing good, their chances at the Presidency will be much different than the mood now. AFAIK, you can run economies either with the Keynesian approach or the free market approach. The former will be smoother, and have likely lower performance, the latter will be more of a roller coaster, but on average climbs faster. The problem we have is that Dems implement Keynesian stimulus in recessions, but Reps implement free market approaches (tax breaks) during good times. This mix does not work in either framework. Keynesian economics requires tax revenue in the good times to be stored for ammunition in the bad times. Americans (at least those out of work) want support in the bad times, but have no desire to be taxed during the good times. We get what we deserve.