Midterm Elections: The Results

(image from CNN)

Dems keep the Senate, GOP takes the House. For Timothy Egan this means that Obama saved the Capitalism and lost the Midterms (read in NY Times: http://opinionator.blogs.nytimes.com/2010/11/02/how-obama-saved-capitalism-and-lost-the-midterms/?src=un&feedurl=http%3A%2F%2Fjson8.nytimes.com%2Fpages%2Fopinion%2Findex.jsonp). For Evan Bayh the explanation is that Dems over-interpreted their mandate from 2006 and 2008: they focused on health care rather than on job creation during a severe recession (read in NY Times: http://www.nytimes.com/2010/11/03/opinion/03bayh.html?nl=&emc=a212). It's the economy, stupid, as the old saying goes.

(image from CNN)

A friend of mine asked me on skype yesterday: will it be better or worse? Maybe the answer can be found in another op-ed from NY Times (http://www.nytimes.com/2010/11/03/opinion/03friedman.html?nl=&emc=a212): says Tom Friedman, what if — for all the hype about China, India and Globalization — they’re actually underhyped? What if these sleeping giants are just finishing a 20-year process of getting the basic technological and educational infrastructure in place to become innovation hubs and that we haven’t seen anything yet?

In other words, here's a possible answer for my friend on skype: as the World goes so should America.


(Zoon Politikon)