10.8% unemployment, 6.2% inflation, and a doubling of the deficit over the previous year. Those were the cold truths that President Reagan and Republicans faced in November 1982. Yet despite this bleak economic news, and widespread predictions that Republicans would lose the Senate, they retained their 54 Senate seats and limited House losses to 27 seats, many as a result of redistricting. In 2010, the shoe could be on the other foot. President Obama and… More »