Tuesday, November 02, 2010

New York Times nail biter: Hey, what if the economy gets better after all these Republicans get in???

Winners Tuesday May Benefit From Economic Cycle
...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.

And it’s the politicians who catch the political wave at such fortunate economic moments — particularly governors who get themselves elected during hard times and then preside over the upswing — who tend to establish themselves as folk heroes and turnaround experts, rising to national prominence not just because of their policies but also because of their timing. Which could be very good news for some Republicans like John Kasich, who may yet become Ohio’s next governor, or for an unknown like Nikki Haley, who stands to win in South Carolina.

It isn’t just governors, of course, who can benefit from good timing...

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