Already, you can see that the political constellation is lining up in a way that is more friendly to the cause of liberty. The Democrats are up to their old tricks, which are transparently dumb and dated. The Republicans are responding with smart and sound criticisms. The government looks poised for a fantastic gridlock that will let the liquidation take place so that we can move toward a good recovery.
There is plenty to regret about Obama’s victory, but the first impressions of the political dynamic that is playing out looks like it could mean good things for the future.