Very interesting post as usual, Elliott. I've been wondering about the right way to think about the net effect of -on the one hand- Biden's coming into power at a time where meaningful improvements in most Americans' lives should materialize and implementing popular policies, and -on the other- the conventional wisdom that suggests midterm dynamics (plus the effects of redistricting) are likely to cost Democrats their House majority. What is your intuition on this question?
Very interesting post as usual, Elliott. I've been wondering about the right way to think about the net effect of -on the one hand- Biden's coming into power at a time where meaningful improvements in most Americans' lives should materialize and implementing popular policies, and -on the other- the conventional wisdom that suggests midterm dynamics (plus the effects of redistricting) are likely to cost Democrats their House majority. What is your intuition on this question?
Bill: That is a very good question. I will answer it in a separate post on Tuesday!
Thank you - looking forward to the post!