James Pethokoukis

Obama pulled two ways on stimulus 2.0

September 2, 2010

Departing White House economic adviser Christina Romer says last year’s $814 billion stimulus package fell short. That may suggest those arguing for more fiscal action are gaining ground with the administration. But short of a renewed economic slump, electoral politics are working against more stimulus.

And the Senate isn’t looking so hot, either …

September 2, 2010

The respected Cook Political Report:

The macro political landscape strongly favors Republicans and it is not likely that it will change much between now and November. As a result, a look at the 37 Senate races on the ballot shows some deterioration for Democrats in some of the 19 seats they are defending, while Republicans’ prospects have stayed the same or improved slightly in their most competitive seats. As such, it is now likely that Republicans will score a net gain of between seven and nine seats. While there is a plausible argument for how Republicans could net the 10 seats they need to win the majority, it remains an unlikely scenario today.

Will Democrats lose 100 House seats?

September 2, 2010

Certainly the “whisper estimate” for Democratic House loses is now 50+ with plenty of upside risk. But my pal Andy Roth at the Club for Growth thinks the upside number could be quite large, indeed:

Obama’s Immaculate Concession?

September 2, 2010

The White House may be warming to the idea of using tax cuts to boost the U.S. economy. It’s a possible plan that could have scored loads of Republican votes had it been proposed in early 2009. But with the president’s popularity falling and congressional elections looming, support won’t be so easy to coalesce.