NYT: Is Era of Dominance Over for Conservatives?
By JOHN HARWOOD
Published: October 5, 2008
....The first stirrings of conservative ascendance came in the 1950s, after Franklin D. Roosevelt’s New Deal Coalition won five straight elections. The cultural divisions of the 1960s lent new force to Republican candidates. But it was stagnating incomes in the 1970s that allowed Ronald Reagan to knit free-market economic policies with cultural and foreign policy conservatism into a Republican revolution. In 1994, Newt Gingrich matched his achievement in Congressional elections. Democratic politicians like Bill Clinton adapted, ending the federal welfare entitlement and declaring the era of big government over.
With the collapse of the markets, the party traditionally identified with big government — the Democrats — has reason to wonder if public sentiment has decisively shifted in its direction. “Are we looking at another inflection point today?” Michael Barone, a political analyst and historian, wrote in National Review last week. “Maybe so.”...
“In a crisis Americans want decisive action,” said Representative Tom Cole of Oklahoma, who is chairman of the National Republican Congressional Committee. And in the first vote rejecting the bailout, he said, the party was unable to demonstrate that to voters.
Majority Democrats cast their greater willingness to back President Bush as “the first step” in recasting economic policies away from laissez-faire. They look to gain support from upscale constituencies on Wall Street and elsewhere, who lately have felt estranged from Republicans on social issues.
Democrats acted as “problem solvers,” argued Mr. Cole’s counterpart, Representative Chris Van Hollen of Maryland, who is the House Democrats’ campaign committee chairman. Republican “ideology got us into this mess,” he said, “and their ideology made it more difficult to get out of this mess.”
The results have clearly lifted the Democratic ticket. Mr. Obama’s lead over Mr. McCain in polls consistently exceeds the margin for error. Surveys have shown Mr. Obama leading in “red” battlegrounds like Florida, New Mexico and Ohio, while Mr. McCain has pulled back his effort to take the 17 “blue” electoral votes in Michigan....Strategists in both parties see similar effects on Congressional races....
http://www.nytimes.com/2008/10/06/us/politics/06caucus.html