Thursday, November 08, 2018
The morning after the mid-terms of 2018 I'm quite optimistic. Mark Steyn - in his inimitable fashion - gives a few reasons why.
A few notes on last night:
~There was no blue wave.That doesn't mean the loopier Democrats won't be gung ho for investigations and impeachment. But the narrowness of the House victory does mean that anything they try on in that regard will cause them at least as many problems as it causes the President.~As for the Paul Ryan House, neither Trump nor his base will miss it. The reason? Headlines like this:Republicans Surrender on Trump's Border Wall to Push Paul Ryan's 'Tax Reform 2.0'As I commented way back when:Gee, it's almost like they want to lose....Only the day before yesterday, no one bothered to talk about Republicans "holding" the House because Republicans had never taken the House - in living memory. Until Newt's "Contract with America" in 1994, the Democrats had controlled the House for four straight decades, and indeed, with the exception of two one-term GOP blips, for two-thirds of a century. Exactly the same in the Senate except for Reagan's coattails for six years in the Eighties. Every GOP president of the last half of the twentieth century - Eisenhower, Nixon, Ford, Reagan, Bush Sr - faced a Democrat House and a Democrat Senate. What Trump did with those Senate seats yesterday was unprecedented for a Republican, and underlines the lesson of the House loss: Yes, "suburban women" are antipathetic to the President, but it is nevertheless a fact that there's a Democrat party and a Trump Republican party but there is no viable Semi-Detached-from-Trump party.
And Mr. Market, which has an unsentimental view of events had a part and rose more than 2% on the news.