Winners Tuesday May Benefit From Economic Cycle

[dtotire]

Winners Tuesday May Benefit From Economic Cycle


By MATT BAI
Published: November 1, 2010


WASHINGTON — The impact of the anti-incumbency wave of 2010 — if, in fact, it materializes in the way polls would indicate — will be judged in the next few days by the number of seats that change hands in Washington and in statehouses across the country.

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. 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.


more:
http://www.nytimes.com/2010/11/02/us/politics/02bai.html?ref=politics


Republicans will claim credit for any recovery

[Bumblebee]

1. There won't be much recovery if there is a deadlock...

[HereSince1628]

3. Business is sitting on huge cash reserves

They could initiate their own stimulus package by hiring and building inventory. The employment would drive consumption and break the nation out of the quagmire.

They wouldn't want the credit to go to Dems, but a republican controlled congress who would be slaves to their needs down the road wouldn't bother them a bit.

[stevebreeze]

4. even if the good guys keep control, we are in for a long slow recovery

unless the rule change enough to allow actual jobs programs. By rules I mean the Senate filibuster.

[onehandle]

2. Yep. The GOP wants in on the Democratic recovery. Newt, redux. nt

[elleng]

5. Saw headline and couldn't bring myself to read;

locked in cycle > misery for Dems.

[daa]

6. This deleveraging will take far more than another 2 years

The pubs peaked too early. They are saying no employment gains until 2013 at the earliest. Obama will be in trouble but so will the pugs that do nothing the next 2 years.

[fencesitter]

7. As the economy continues to improve...

due to the policies the current congress and the Pres have put forth, the Repubs will claim, and get, credit for it. See what we did in 3 months? Aren't you glad we're in power? I can hear the top story over at Faux News, "Economy improves in three months due to the overwhelming brilliance of the new Republican Congress".

[Hawkowl]

8. Au contraire

This is not a normal post WWII business cycle recession. This is more along the lines of a classic 19th century depression. Or Japan's continuing no growth quagmire. We are in for several more years of excruciatingly high unemployment. So, if the Teabaggers gain control for two years, the will perversely magnify the economic damage and be tsunamied out of office in 2012. Or they'll pull a 1930's Nazi style takeover of the government and we will invade Iran to fix the economy.