Thu Nov 4th, 2010 at 02:54:56 PM EST
41.5% of the US electorate have spoken and the Democratic Party went down to a historic defeat.
E.J. Dionne sums up:
Voters under 30 dropped from 18 percent of the electorate to 11 percent; African Americans from 13 percent to 10 percent, and Hispanics from 9 percent to 8 percent. Meanwhile, voters over 65, the one age category carried by John McCain, increased from 16 percent of the electorate to 23 percent.
If the numbers for the 2010 Mid Term had held in '08 we'd be talking about President McCain.
The GOP got their supporters to the polls, the Dems didn't, and most of the country sat on their asses.
This election has put the Conservative Faction of the GOP - most of it - in charge of the House. While predicting the future is a mug's game I think it is safe to say addressing the various crisis' and problems of the US will take a seat next to Conservative attacks on the Obama administration, the Senate, and fellow Democratic House members.
Gridlock, in a word.
Unless there is a change to the Senate Rules, there is little doubt the GOP will continue their obstructionism in the Senate.
Gridlock, there too.
Without changing the various economic trajectories and circumstances, e.g., the housing debacle, now pushing the US to economic collapse the US will enter a "double dip" recession and, I'm thinking, establishing the necessary conditions for another Depression. The closer economic policy comes to the GOP's professed policies the faster the US will enter the Depression and the worse it will be.
The world will follow within a year or two.
It's an unanswerable question how long the US economic can essentially "tread water" before the collapse comes. That depends on a Black Swan Event or the existing conditions moving the US economy to a Tipping Point. Both of which are unpredictable as to when they will happen but predictable that either one, or both, will happen.
If China and the EU had the brains of a retarded moose in Finland¹ they'd get their shit together NOW, before it happens and start knocking a mutual response together to limit damage for their respective countries.
And pigs have wings.
¹ Hi Sven!