- Republican takeover of the US Senate was aborted—by very stupid comments on abortion and rape. Until Republicans decide to embrace pragmatism, they will continue to be hammered on abortion. It’s a losing argument and will consign them to a minority in the Senate unless they wise-up. At least two seats (MO, IN) were lost on this issue, and it’s very likely that other close races were lost because the Democrats could successfully play the “war on women” card.
- If Republicans don’t figure out immigration fast, they will consign themselves to be a minor party. Hispanic voters are simply not going to accept the current Republican policies. And they shouldn’t. Immigration made America what it is today. Shutting our doors to it is a betrayal of the very basis of the Republic.
- If you had told me on Tuesday morning that Obama would garner 10,000,000 less (meaningless) popular votes, I would have said that there was no way he could win. But Romney collected less (meaningless) popular votes that McCain. Hardly a stellar showing when Republican enthusiasm was supposed to be high, and the chance to unseat Obama was quite clearly there.
- Structural deficits and monetization of the debt will continue apace. While I held no hope that a Romney victory would make much difference, the only restraints on Obama is the House, and Republicans have a history of increasing spending, so I hold out little hope for any kind of reform. Expect prices to rise, deficits to rise and wealth to decrease (which would be the case no matter who won).
- Voters ignored what is perhaps the most important quality in any person—integrity—by electing Elizabeth Warren to the Senate. She lied about her ancestry, appears to have practiced law without a license and did everything possible to evade responsibility for her actions. Voters in the Peoples’ Republic of Massachusetts rewarded her behavior. We get the government we deserve.
- Democrats now have super-majorities in CA and IL. Both states are headed straight for fiscal meltdown. Major tax increases have already caused problems in IL and major tax increases are coming in CA. Both states will need massive bailouts from DC, which will be forthcoming from the Obama administration, requiring even more borrowing, more printing, or more taxes. Actually, I predict all three.
- Although I usually can’t stand him, Bill O’Reilly had it right—people vote for the person who promises them the most stuff. We’re at a point where there are more drains on the system than productive people generating wealth. This means that the demands of the majority will continue to increase as the wealth-generating citizens become fewer and fewer. Class warfare will soon be directed against the middle class. White-colar workers will be the new Kulaks. Their incomes, benefits, homes and other property will be viewed as ‘excessive’ compared to the dependent class being built by the progressive movement.
- Because Congress has (unconstitutionally) delegated lawmaking powers to the Executive (i.e. regulatory agencies), the Republican House is unable to stop any proposed regulations (since the Senate would block any bill to change these regulation and Obama would veto). The Democrats now have four years to massively expand the regulatory state. Not that Romney would have been much different—he’s simply the other side of the same coin (as shown by his record in Massachusetts).
- The Affordable Care Act (aka ‘ObamaCare’) will become a permanent entitlement. With four year where it cannot be undone, it will be so entrenched that no matter how bad it becomes, it will remain. Any problems will be blamed on either lack of funds or lack of expansiveness, and like every other program, it will grow without control until such point as the country is bankrupt.
- The Libertarian Party, quixotic as ever, did gain 1% of the national (meaningless) popular vote. Although I voted for Gary Johnson, I think libertarians would be better served by running as Republicans, rather than trying to take votes away from them and clearing the field for Democrats.
In the long run, liberty is losing fast and the centralized, all-controlling state is gaining. Sadly, Americans have forgotten Thomas Jefferson’s warning:
“The natural progress of things is for liberty to yield, and government to gain ground.”
As Gerald Ford (not Ronald Reagan) said:
“A government big enough to give you everything you want is a government big enough to take from you everything you have.”
Exactly. I’ll give the last words to Benjamin Franklin:
“They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety.”
Sadly, we’ve not listened.