It's the Economy, Stupid

摘要

Many republicans are looking forward to November as a repeat of 1994, when popular anger against an overreaching, reformist Democratic Party enabled the GOP to pick up 56 seats in the House of Representatives. But Republicans might be well advised to look at an earlier midterm election as a precedent: 1934.When elected in 1932, Franklin D. Roosevelt swept into office along with a Democratic Congress just after the economy fell apart. They quickly stabilized the system, injected deficit-fueled stimulus into the economy, and passed far-reaching reforms.