Monday, February 6, 2012

Latest Economic Data Begin to Shift the Counterfactual in Favor of Democrats

For all of last year, as the parties tested their rhetoric in the early stages of the election campaign, Democrats were stuck in the unenviable position of arguing a counterfactual: “The economy is bad, but without what we have done, it would have been even worse.” That could very well  have been true, but it was not exactly a stirring closer for a stump speech.

Now, in light of the latest economic data, the situation is beginning to shift. Suddenly the Republicans are the ones left with the counterfactual: “The economy is getting better, but if we had been in charge, it would be better still.” Not nearly as good a line as “failed stimulus,” “economy in free fall,” or “record unemployment.” Read more>>>

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