Tuesday, April 21, 2009

Tea Party Economics

Forbes.com has a great article up today that explains the "concentrated benefits, diffused costs" principle, why democracies fuel government growth, and why the tea parties might be a signal that things are finally starting to move in the other direction, at least temporarily.

Will 2010 be another 1980 or 1994? Too early to tell. Probably not. The public still doesn't trust the Republicans, who have nothing remotely resembling the charismatic leaders that led them to victory in both years. But considering that the generic congressional ballot poll is now tied for the first time in 5 years after double-digit Democratic leads, and that the president's "strongly disapprove" ratings have more than doubled during his honeymoon period, things aren't off to a great start for the party in power.

1 comment:

Shane said...

I'm scared to be that optimistic. Got anything to say about the adults under thirty that are "essentially evenly divided" between favoring capitalism over socialism That's a pretty scaring result!