It’s the Economy, Stupid Democrats By: Jon Walker Monday July 12, 2010 12:55 pm
Growth in real disposable income leading up to an election is a near-perfect predictor of how the incumbent party will do, says Ezra Klein in a perceptive article. This close correlation should not be surprising. People judge the majority party based on how much their personal economic standing has improved or deteriorated, as well as their friends’ and family’s.
The Democrats this November will be judged for policies that reflected not what Nancy Pelosi and Barack Obama think, but what Olympia Snowe and Susan Collins think. Even if they're sincere (and there's going to be a large incentive for them not to be), where's the logic in punishing Obama for what the Benator did?
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