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Showing posts from November 6, 2012

2012 post-election thoughts; Why Republicans should rejoice and Democrats should worry.

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The election is over, it was over before it even started, but for many of you this is a very bitter pillow to swallow.  I understand that and I am not looking to tout the "I told you so" line, but instead to explain why Mitt Romney losing is the best thing that can happen for the long term. There are three distinct camps in America right now.  The red jerseys, blue jerseys and those that are fed up with both.  Clearly the third camp is tiny and has no way of influencing change so the only way real change is going to come is due to some kind of crisis causing major jersey defections. Given that Obama won re-election despite: - One of the most anemic recoveries since the Great Depression - Sticky and persistent unemployment - A very unpopular health care legislation  - Polarized and partisan House/Senate/Electorate - Creeping inflation, high gas prices and stagnant wages. This suggests that as far as the majority of Americans are concerned, things are no