Let’s imagine that back in January 2009, when the idiotic stimulus was jammed through, someone had accurately predicted the economic numbers from November 2012. Folks on the left would have screamed that they were completely wrong and things would actually be MUCH better, folks on the right would say that they were pretty much what they expect, and both sides would say that they would mean Obama would be pulverized in an historic landslide.

It’s those on the right who have been correct these past four years, and we’re right now that the next four aren’t going to be any better, and that not long after that (if not sooner–it depends on how long the can can be kicked), things are going to get really, really, really bad.

But there’s no longer much reason to think that the GOP will benefit politically. Make of that what you will.