Good night for Democrats who will take control of the U.S. House and will gain a few governor's mansions. But I have to think it's a surprise that the wave wasn't bigger. It's hard to imagine a more favorable atmosphere for Democrats than they had this year.
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As the canary in the economic well my anecdotal evidence suggests that things are slowing down a bit.
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I suppose a bad economy could have created a "more favorable" atmosphere for Dems. But it's not like the economy is humming along. Barely any wage growth before last month's report.
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