If the US economy continues to slow, the Republicans are almost certainly doomed, even if Drudge posts a photograph of Barack Obama in an Osama bin Laden mask. Conversely, large and rapid interest rate cuts within the next 60 days are probably the only thing that can brake the GOP's fall.Let the Democrats be the party of pressuring the Fed, "stimulating" the economy, and unleashing inflation. People who cast their votes based on who will intervene more frantically in the economy are likely to vote Democratic anyway.
Wednesday, February 27, 2008
Easy does it
I think David Frum has a lot of good things to say, but this isn't one of them: