James Pethokoukis

Midterm beating could help Obama shift to center

November 3, 2010

American presidents usually win second terms, even if their parties suffer midterm blowouts. But President Barack Obama better not rely on history for a 2012 victory. To lift his political fortunes after Tuesday’s shellacking—and those of the U.S. economy—he needs to work with incoming Republicans to help create jobs and cut spending.

Obama’s Great Miscalculation and the midterms

November 2, 2010

Republican pollster Steve Lombardo nails it with this piece of analysis (via The Daily Caller):

Obama deficit panel may surprise on tax reform

November 2, 2010

President Barack Obama’s bipartisan deficit commission has a mandate to cut the U.S. budget gap. But the White House panel may surprise in another area: tax reform. Democrats and Republicans are taking a hard look at a plan that would simplify the code and cut corporate taxes. Although not perfect, it would be a big improvement.

10 reasons the GOP might do even better than expected

November 2, 2010

My call is 64 and 9. But Super-smart, super-plugged-in Washington political analyst Dan Clifton of Strategas lays out his reasoning for a mega-tsunami:

Is this the tax reform Obama and the new Congress can agree on?

November 2, 2010

From my Reuters Breakingviews column:

President Barack Obama’s bipartisan deficit commission has a mandate to cut the U.S. budget gap. But the White House panel may surprise in another area: tax reform. Democrats and Republicans are taking a hard look at a plan that would simplify the code and cut corporate taxes. Although not perfect, it would be a big improvement.

Ed Yardeni doesn’t need Prop. 19

November 2, 2010

The investment strategist just needs the right electoral outcome today to be bullish: