The principal Republican goals we hear about: repealing Health Reform, repealing regulation of Wall Street, and big tax cuts for the rich all seem to be at best minimally popular, even with those who voted Republican this time. It seems to me that if Obama and the Democrats have any guts whatsoever, they can exploit and demonize these efforts. Unfortunately, Obama has yet to show any hint of fighting instinct - we shall see if he can get beyond "Can't we all just get along?"
Should the Fed tighten?
1 hour ago