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News Mid-term elections

  1. Democratic House, Democratic Senate

    6 vote(s)
    54.5%
  2. Democratic House, Republican Senate

    1 vote(s)
    9.1%
  3. Republican House, Democratic Senate

    1 vote(s)
    9.1%
  4. Republican House, Republican Senate

    3 vote(s)
    27.3%
  1. Jul 19, 2010 #1
    Is it too soon to predict? I say Republicans take House and Senate this year. We might even see surpluses come back as they did when Republicans took House and Senate in 1994. That was a good thing right?
     
  2. jcsd
  3. Jul 19, 2010 #2
    We weren't involved in two wars in 1994. That alone will prevent surplusses, even without the new, recently-enacted programs.
     
  4. Jul 19, 2010 #3

    turbo

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    Gold Member

    Brain-dead US voters will certainly realize that the GOP has steadfastly resisted the most effective broad-based stimulus (extending unemployment benefits) because it could "add to the deficit", and it's up to the Democratic pit-bulls like Biden to harp on the fact that the GOP is pushing for extension of Bush's tax cuts for the wealthy, with a projected deficit increase of ~$700B over the next 10 years. Dems need to man up and highlight this class warfare for what it is.
     
  5. Jul 19, 2010 #4

    mheslep

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    Gold Member

    It won't increase the deficit by http://www.statesman.com/business/unemployment-benefit-extension-set-for-senate-vote-today-811840.html" [Broken]?

    How many unemployment point hits do you expect from those tax increases on Jan 1, 2011? Or do you believe the connection between tax increases and reduced economic output is a brain dead suggestion?
     
    Last edited by a moderator: May 4, 2017
  6. Jul 19, 2010 #5

    mheslep

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    Gold Member

    Intrade gives a 56% chance Republicans will take the house, up from ~38% at the beginning of 2010
    http://data.intrade.com/graphing/jsp/closingPricesForm.jsp?tradeURL=https://www.intrade.com&contractId=639646 [Broken]

    and a 71% chance Democrats will hold the Senate, down from 90% at the beginning of 2010.
    http://data.intrade.com/graphing/jsp/closingPricesForm.jsp?contractId=639642&tradeURL=https://www.intrade.com [Broken]
     
    Last edited by a moderator: May 4, 2017
  7. Jul 19, 2010 #6
    Same old BS no matter who is in control. when the Democrats are in control, abortion issues heat up, when the Republicans are in control, anything having to do with the word "God" heats up.
     
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