Wednesday, November 26, 2003

A SEA CHANGE IN THE BALANCE OF POWER?

This op-ed piece by Tony Blankley makes the point that now, in all ways, it's over for the Democratic party's decades-long control of the balance of power.

The Medicare Bill, which Blankley describes as the tipping point for this event did point out one clear fact -- the only long-lasting, important power center the Democrats still hold sway over is labor. Every other power center they used to control (and control completely) has abandoned them. And, if you understand the major economic megatrends in the US, labor (as in labor unions) has a remaining useful life that is strongly correlated with the remaining useful life of tobacco companies.

But balancing power is precarious. And don't forget the old cliche about absolute power.


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