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There are few things more fascinating to watch than liberals hyperventilate to the point that they lose the basic ability to construct even a rudimentary argument. It’s not pretty, but like a car wreck, it’s hard to turn oneself away. Consider this letter in the current issue of The Economist:

SIR – Sadly, the Republicans have rediscovered the joys of opposition. Nothing as slight as a national crisis is going to make them shift from ground that seems so politically advantageous. Yet…

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I have heard several Republican congressional leaders say that the party has learned its lesson from their disastrous losses in the past two elections. From now on, it’s back to being the party of limited government, fiscal discipline, lower taxes, and against pork barrel spending.

Sounds good, but Senate Republicans have blown their first opportunity to demonstrate that they mean what they say. The first bill that Senate Majority Leader Harry Reid (D-Nev.) brought to a vote in the 111th Congress…

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Bill Kristol, in his New York Times column, argues for Republican timidity in fighting big government. His reason? Conservative Republicans have achieved little in that regard, since “in the real world of Republican governance…there aren’t a whole lot of small-government Republicans,” and “talk of small government may be music to conservative ears, but it’s not to the public as a whole.”

So what? That just means that the fight will be much harder than advocates of small government have envisioned to date.…

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Assuming, as most nonpartisan observers do, that Sen. Obama is walking away with this election today, it might behoove Republicans and their supporters to ask why a seemingly close election in early September got away from them so badly. For one potential answer, I can do no better than point them to The Short View on Financial Times TV (general link here). In the episode for yesterday, November 3rd, John Authers points once again, as he has several times before,…

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