What the current exodus of incumbents from seeking re-election means for  
Democrats
is that many in the party see the Fall elections as probably unwinnable.  
While there have
been even more GOP incumbents not seeking re-election, most are seeking  
other office,
either higher at the national level, or at the state level, viz.,  
governorships.
 
This still is January. Talking heads on business shows, that is, smart  
people who make
their living as market forecasters, agree that a recovery is in  progress
and only differ on its scope. My sense of things is that 2010 will be  
"weak" as
recoveries go, with a possible Summer "dip" as stimulus effects run their  
course
and business runs on its merits with no new money from Uncle Sam. Given  
some
serious problems still at large, especially employment, the recovery may  be
anemic until 2011. This is my latest "take" on the situation.
 
Subject to revision in the Spring.
 
We shall see if an expected turn-around in hiring finally takes place. If  
it does
and month-by-month unemployment drops from the current 10 % to  9.5,
then 8.9  , then 8.4. then  7.7 etc, all bets about Democratic Party 
disaster
in November are off. We know how Reagan and the Republicans fared
in 1982 in the midst of that recession, which is now looking  more-and-more
like a template for 2010.
 
But stay tuned.  Best forecast for the moment,  Democratic losses  in 
Congress
probably significant, a new Senate at around 55-45 , with the House  still 
under Democratic
control, but with the current majority cut in half.
 
However, I would not bet a dime on these prognostications since  everything 
is riding
on how the economy looks in April or May.  That and the Islamic wild  card.
Or some new scandal, yet to be announced.
 
Billy
 
=====================================================
 
 
Real Clear Politics
 
Hold Seat ยป  
January 6th, 2010
_Gallup: Obama Begins 2nd Year  w/Highest Disapproval Rating in  Modern 
Era_ 
(http://realclearpolitics.blogs.time.com/2010/01/06/gallup-obama-begins-2nd-year-whighest-disapproval-rating-in-modern-era/)
 


 
According to _Gallup's first full data set for 2010_ 
(http://www.gallup.com/poll/124949/Approval-Obama-Starts-2010-Shaky-Spot.aspx) 
, Barack  Obama 
starts his second year in office with the highest disapproval rating of  any 
President since Eisenhower. Obama begins 2010 with 44% of the public  
disapproving of the job he's doing as president. That's four points higher than 
 the 
next closest president (Reagan), six points higher than Bill Clinton, and 
17  points higher than Jimmy Carter. 
As you can see from Gallup's graphic below, Obama also begins his second 
year  in office with the second worst job approval rating of any president in 
the last  56 years: 
 (http://timerealclearpolitics.files.wordpress.com/2010/01/gallup2010.gif) 



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