Wednesday, November 3, 2010

An Election Result With A Message




Regardless of your party affiliation, the electorate has spoken. It was not so much an endorsement of the Republican Party as it was a loud and clear statement that once again we want change and the Democratic Party has not delivered it these last two years. Actually, polls show that the electorate doesn't really like either party. Truly for the first time in decades, the American people have sent a message to Washington, DC: "Listen to us or lose your jobs!"

Many Democrat's, who yesterday were leading this country lost their jobs last night. All over our nation, they too, are searching the help wanted ads this morning just like the other 10%-17% of Americans who have been unemployed for the last two years. Democrat controlled seats dating all the way back to the 1880s were lost to Republicans. Truly, an extraordinary message was sent!  Harry Reid, D-NV was the only big government victor, clawing out a <1% victory. He heads back to Washington with a large slice of humble pie and a noticeably weaker political persona. Now we wait to see if the President can work with our new Congress with their message from the people in hand; effect the change the people want. We also watch the Republican House and see if they will reciprocate.

Exit polls resoundingly showed the Economy/Jobs are most important to the people.  The National Debt/Spending was a close second. One news analyst summed it up as "...we have to spend within our means on a personal level, and we want our government to do the same..."  The last two years we have cut and saved and reduced our debt, all the while our government added $4 trillion dollars to our national debt, and as much as another $4 trillion dollars in new government spending on programs the people found extremely unpopular. And we the people do not feel we got our monies' worth.

What can we expect with these changes? Well for starters I think the Bush Era tax cuts will be extended, at least for another two years.  I also think that the huge barrage of new regulations, the most since the 1930's, will be scaled back or in some cases outright repealed. This will signal some relief to taxpayers, some of whom are business entities, to begin the process of investing in growth and jobs and therefore start a meaningful economic recovery. I think the full price tag for ObamaCare will be evaluated and its true size and scope will be discovered and debated. The best change will be an economic recovery we can feel and not just be told by pundits "...the recovery is here, you just can't feel it."

What I feel was most extraordinary is something that is seldom mentioned on cable news; Once again, power was transferred. And in America we do it peacefully. In the end we are all Americans and we are all in this together. If one group doesn't succeed, we in America, do not have make war to make change. Now let's roll up our sleeves and go to work, and show the rest of the world we still can. 

God Bless America, and best of luck to the new Congress.

D

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