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The 2010 Wipeout
By...what might the economy look like on Election Day 2010, the midterms? Global Insight, for instance, thinks that although the economy will expand at a 2.4 percent pace in 2010 vs. 0.2 percent in 2009, unemployment will actually be higher in 2010 at 7.4 percent vs. 7. 2 percent next year. If 2008 is 1980 in terms of a big presidential win for the challenging party, 2010 might be like 1982, when Democrats won 27 house seats or even 1994 when Democrats lost control of Congress.
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