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	<title>Comments on: Dangers Of Overconfidence</title>
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	<link>http://www.theamericanconservative.com/larison/2010/02/06/dangers-of-overconfidence/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=dangers-of-overconfidence</link>
	<description>n. the principle of good order&#60;br /&#62;&#60;br /&#62; "Observe the strange inversion of all order and sense! Dignity debased; how vilely is the function of a consul prostituted!" ~The Craftsman</description>
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		<title>By: David Tomlin</title>
		<link>http://www.theamericanconservative.com/larison/2010/02/06/dangers-of-overconfidence/comment-page-1/#comment-35265</link>
		<dc:creator>David Tomlin</dc:creator>
		<pubDate>Mon, 08 Feb 2010 01:15:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.amconmag.com/larison/?p=10690#comment-35265</guid>
		<description>&lt;i&gt;which many improve by November&lt;/i&gt;

Darn. In case it&#039;s not obvious, that was supposed to be &#039;may improve&#039;.</description>
		<content:encoded><![CDATA[<p><i>which many improve by November</i></p>
<p>Darn. In case it&#8217;s not obvious, that was supposed to be &#8216;may improve&#8217;.</p>
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		<title>By: David Tomlin</title>
		<link>http://www.theamericanconservative.com/larison/2010/02/06/dangers-of-overconfidence/comment-page-1/#comment-35264</link>
		<dc:creator>David Tomlin</dc:creator>
		<pubDate>Mon, 08 Feb 2010 01:13:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.amconmag.com/larison/?p=10690#comment-35264</guid>
		<description>ronbeas:

&lt;i&gt;The voters may be stupid but they are not stupid enough to not realize who it was who got them into this mess in the first place.&lt;/i&gt;

Two points.

First, I don&#039;t think the blame for &#039;this mess&#039; can be laid wholly on the Republicans. The Democrats have had majorities in both houses since 2006. It&#039;s not as if any Democratic leader saw the crisis coming and proposed preventative measures that Republicans thwarted. Also, Democratic fingerprints are on some measures that arguably contributed to the housing bubble. I think that as with 9/11, many people recognize that both parties dropped the ball to some extent.

Second, to the extent that people do blame national Republican lawmakers, it won&#039;t be those lawmakers who will be challenging incumbent Democrats. It will be people who have earned popular trust by their conduct in local and state offices, like Brown in Massachusetts.

Of course the Republicans will make gains in November. The out party almost always gains in the off year, and the very size of the Democrats&#039; majorities means they are holding many precarious seats in red states and districts. The Democrats own the economy now, which many improve by November but probably not by a lot. And that&#039;s before the argument over whether any swing voters are troubled by Obama spending a quarter of the national income.

OTOH I agree that regaining the majority in either house is a long shot.</description>
		<content:encoded><![CDATA[<p>ronbeas:</p>
<p><i>The voters may be stupid but they are not stupid enough to not realize who it was who got them into this mess in the first place.</i></p>
<p>Two points.</p>
<p>First, I don&#8217;t think the blame for &#8216;this mess&#8217; can be laid wholly on the Republicans. The Democrats have had majorities in both houses since 2006. It&#8217;s not as if any Democratic leader saw the crisis coming and proposed preventative measures that Republicans thwarted. Also, Democratic fingerprints are on some measures that arguably contributed to the housing bubble. I think that as with 9/11, many people recognize that both parties dropped the ball to some extent.</p>
<p>Second, to the extent that people do blame national Republican lawmakers, it won&#8217;t be those lawmakers who will be challenging incumbent Democrats. It will be people who have earned popular trust by their conduct in local and state offices, like Brown in Massachusetts.</p>
<p>Of course the Republicans will make gains in November. The out party almost always gains in the off year, and the very size of the Democrats&#8217; majorities means they are holding many precarious seats in red states and districts. The Democrats own the economy now, which many improve by November but probably not by a lot. And that&#8217;s before the argument over whether any swing voters are troubled by Obama spending a quarter of the national income.</p>
<p>OTOH I agree that regaining the majority in either house is a long shot.</p>
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		<title>By: David Tomlin</title>
		<link>http://www.theamericanconservative.com/larison/2010/02/06/dangers-of-overconfidence/comment-page-1/#comment-35263</link>
		<dc:creator>David Tomlin</dc:creator>
		<pubDate>Mon, 08 Feb 2010 00:39:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.amconmag.com/larison/?p=10690#comment-35263</guid>
		<description>Not getting specific about budget cuts is smart politics, for reasons well explained by public choice theory.

As I&#039;ve said before, entitlement reform will come when it has to, and both parties will give each other cover. In the meantime, the best course for fiscally conservative politicians is to talk up the goals of cutting both taxes and the budget, without making themselves targets of special interests by getting specific about where to cut spending.

I used to be sceptical of &#039;starve the beast&#039; tax cutting, but I think recent history has vindicated it. The Reagan era tax cuts led to the Perot movement, which put pressure on both parties to cut the deficit. This led to the relative fiscal conservatism of the Clinton era, with the budget at least nominally balanced and the federal bite of the national income falling to 18.4%.</description>
		<content:encoded><![CDATA[<p>Not getting specific about budget cuts is smart politics, for reasons well explained by public choice theory.</p>
<p>As I&#8217;ve said before, entitlement reform will come when it has to, and both parties will give each other cover. In the meantime, the best course for fiscally conservative politicians is to talk up the goals of cutting both taxes and the budget, without making themselves targets of special interests by getting specific about where to cut spending.</p>
<p>I used to be sceptical of &#8216;starve the beast&#8217; tax cutting, but I think recent history has vindicated it. The Reagan era tax cuts led to the Perot movement, which put pressure on both parties to cut the deficit. This led to the relative fiscal conservatism of the Clinton era, with the budget at least nominally balanced and the federal bite of the national income falling to 18.4%.</p>
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		<title>By: markroge</title>
		<link>http://www.theamericanconservative.com/larison/2010/02/06/dangers-of-overconfidence/comment-page-1/#comment-35262</link>
		<dc:creator>markroge</dc:creator>
		<pubDate>Sun, 07 Feb 2010 15:28:36 +0000</pubDate>
		<guid isPermaLink="false">http://www.amconmag.com/larison/?p=10690#comment-35262</guid>
		<description>As a Democrat, I hope you are right in thinking that Republican gains will be minimal. But I doubt it. Look at recent senate polls - they are brutal for the Democratic party. I think it&#039;s quite possible, even bordering on likely, that Democrats will lose the senate this year, and I&#039;m sure the house too.</description>
		<content:encoded><![CDATA[<p>As a Democrat, I hope you are right in thinking that Republican gains will be minimal. But I doubt it. Look at recent senate polls &#8211; they are brutal for the Democratic party. I think it&#8217;s quite possible, even bordering on likely, that Democrats will lose the senate this year, and I&#8217;m sure the house too.</p>
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		<title>By: superdestroyer</title>
		<link>http://www.theamericanconservative.com/larison/2010/02/06/dangers-of-overconfidence/comment-page-1/#comment-35261</link>
		<dc:creator>superdestroyer</dc:creator>
		<pubDate>Sun, 07 Feb 2010 09:03:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.amconmag.com/larison/?p=10690#comment-35261</guid>
		<description>The idea that the Repuyblicans will take back the Senate is insane.  The Republicans will be luck to hold onto their 41 seats that they have now.  The Republicans will pick up a few seats in the House but odd wins such as Cao will convert back to being Democratic seats. 

Instead of worrying about the irrelevan Republicans why not think about the shifts in the Democratic Party.  Will more left leaning progressives begin to replace moderates or will more moderates win election.  Will the CBC and CHC moderate their stances or become more radical?  

Until someone can demonstrate a model where the Republicans are relevant into the future, who cares what if the Republicans win a couple of seats.   Just because the Democrats are having problems in accepting responsibility for governance, does not mean that the Republicans have become relevant again.</description>
		<content:encoded><![CDATA[<p>The idea that the Repuyblicans will take back the Senate is insane.  The Republicans will be luck to hold onto their 41 seats that they have now.  The Republicans will pick up a few seats in the House but odd wins such as Cao will convert back to being Democratic seats. </p>
<p>Instead of worrying about the irrelevan Republicans why not think about the shifts in the Democratic Party.  Will more left leaning progressives begin to replace moderates or will more moderates win election.  Will the CBC and CHC moderate their stances or become more radical?  </p>
<p>Until someone can demonstrate a model where the Republicans are relevant into the future, who cares what if the Republicans win a couple of seats.   Just because the Democrats are having problems in accepting responsibility for governance, does not mean that the Republicans have become relevant again.</p>
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		<title>By: ronbeas</title>
		<link>http://www.theamericanconservative.com/larison/2010/02/06/dangers-of-overconfidence/comment-page-1/#comment-35259</link>
		<dc:creator>ronbeas</dc:creator>
		<pubDate>Sat, 06 Feb 2010 21:40:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.amconmag.com/larison/?p=10690#comment-35259</guid>
		<description>This entire meme amazes me.  While voters may have turned on Democratic lawmakers because they couldn&#039;t produce the instant gratification they demand those same Democrats still lead Republicans by 10% or more.  The voters may be stupid but they are not stupid enough to not realize who it was who got them into this mess in the first place.  All we hear from the Republicans is tax cuts - we had tax cuts and all they did was improve the economy in India and China.</description>
		<content:encoded><![CDATA[<p>This entire meme amazes me.  While voters may have turned on Democratic lawmakers because they couldn&#8217;t produce the instant gratification they demand those same Democrats still lead Republicans by 10% or more.  The voters may be stupid but they are not stupid enough to not realize who it was who got them into this mess in the first place.  All we hear from the Republicans is tax cuts &#8211; we had tax cuts and all they did was improve the economy in India and China.</p>
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		<title>By: tz</title>
		<link>http://www.theamericanconservative.com/larison/2010/02/06/dangers-of-overconfidence/comment-page-1/#comment-35258</link>
		<dc:creator>tz</dc:creator>
		<pubDate>Sat, 06 Feb 2010 18:43:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.amconmag.com/larison/?p=10690#comment-35258</guid>
		<description>Both &quot;1 and 99&quot;, and &quot;49 and 51&quot; average to 50.

Americans are not centrist, they are bipolar.

The problem with both parties is they try to govern between 40 and 60, when not doing things like giving taxpayer largess to banksters so they can get bonuses.  But they need to be 80 or 20.</description>
		<content:encoded><![CDATA[<p>Both &#8220;1 and 99&#8243;, and &#8220;49 and 51&#8243; average to 50.</p>
<p>Americans are not centrist, they are bipolar.</p>
<p>The problem with both parties is they try to govern between 40 and 60, when not doing things like giving taxpayer largess to banksters so they can get bonuses.  But they need to be 80 or 20.</p>
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