Tuesday, November 6, 2012

Election Results

Obama wins, Romney loses. It turns out my faith in Gallup's polling model was misplaced. Plus a poor choice of Senate candidates cost the GOP a chance to pick up some seats.

COTTonLINE gets to spend another four years in opposition. In some ways it's more fun.

As we noted the other day, John Boehner's GOP-dominated House of Representatives is unlikely to cooperate much with either the Senate or the President. Ergo, mostly gridlock.

I do expect to see the budget can kicked down the road, possibly postponing the fiscal cliff.