Democrats are riding high. They have vanquished Republicans to the remote regions of the country. Obama and Democrats be careful. The American people elected you to be moderately liberal, not super liberal. The economy is still tanking and we are moving towards double digit unemployment nationally (we are already there in California).
That means that the American people are getting ready to turn on you. You are heading into an election in 2010. I still cannot say with a straight face that Republicans are coming back, but if trends continue they could make gains.
What you need to do is to take a page from Bill Clinton’s play book and do a couple of things to steal fire from Republicans. First extend unemployment benefits beyond the current extension. Then have a payroll tax holiday. These two measures will put a lot of money into people hands now. Guarnteed they will not save it all.
The last time the Democratic Party had this much control over the government—Federal, State, and local—was from 1974 to 1979. To put it frankly, the economy is tanking and government deficts are exploding