Washington gridlock may turn out to be the salvation of the Obama administration.
Not only does gridlock allow the president to blame Republicans for not solving the financial crisis that his own runaway spending created, the inability to carry out as much government intervention in the economy as when the Democrats controlled both houses of Congress means that the market can now recover on its own to some visible extent before the next election.
Such a recovery would of course be credited as a success of the Obama administration’s policies. With this theme being echoed throughout the pro-Obama media, enough voters might be sufficiently impressed to give the president a second term.
Keep reading this post . . .