Thursday, November 4, 2010

The Stage is Set

In an earlier blog I stated that the Republicans would gain the House and possibly the Senate. Well, I was wrong on the Senate. But that is as far as wrong goes this time around. The Republicans owning the House only sets the stage for complete gridlock. However, in this case gridlock will be good for the country, but bad for the Republicans.

When President Clinton was in office there was a great deal of gridlock, which means that not much legislation was ever passed. This proved to be good for the country. Having a president that accomplishes nothing is actually good. Having a president that accomplishes something can be disastrous, as we have seen with Obama's health care plan. Now there is a lot of unraveling to do.

So the table is set for gridlock, bad for the Republicans because the country now has expectations that they will actually do something. Good for the president because nothing will actually be accomplished. By the 2012 elections the Republicans may well be viewed as failures and the elections will shift in the president's favor.

The upshot of this is that our country will actually benefit during gridlock. Businesses will find this a friendly environment. And the one accomplishment may be the uptick in the economy. And President Obama will be credited with ending the recession. Therefore, a second term.

File this blog away and read it two years from now.

Enjoy your coffee!

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