Survey says: Epoch GOP Fail

Fed survey says recession started last spring

Chris in Paris:

This pretty much confirms what people in the real world already knew. Warren Buffet had been saying this for a while and the right - knowing that this would destroy their hopes of clinging to power - dismissed such talk as nonsense. [...]

If this recession is over by next summer or even the end of 2009 we will be very fortunate and I will be the happiest person on the planet. Unfortunately, I just don't see it. (True to form, the architect of this mess still thinks he was right and everyone else is wrong about this crisis.) Even when we come out of this, without something bold (and I hope something is in the works) the economy may be looking at extended slow and minimal growth for a few more years.

It Never Gets Old

BarbinMD:

Watching the battle for the future of the Republican Party never gets old.

Some conservatives want a return to basics, arguing that President Bush abandoned conservative principles by expanding government and driving up spending. Others draw just the opposite conclusion, warning that Republicans have tried to appeal to too narrow a base and that the party must update the focus of conservatism, especially at a time when voters are thinking more about issues like jobs and health care than about abortion and gay rights.

Translation? Republicans can't decide whether they should return to pretending to be all about fiscal responsibility and small government, or to continue pretending they care about God, guns and gays every two years.

At this point, it seems that that ever-dwindling breed, the moderate Republicans, aren't getting much traction with their suggestion that if the Party didn't tie themselves to the flat-earth, furthest extremes of rightwing whack-a-doodlehood, they could get some of moderate and independent voters on their side. . .