[I]ndependent voters… in 2008 voted like Democrats and in 2010 voted like Republicans.
Is it a backlash? It seems cooler than that, a considered and considerable rejection that appears to be signaling a conservative resurgence based on issues and policies, most obviously opposition to increased government spending, fear of higher taxes, and rejection of the idea that expansion of government can or will solve our economic challenges.
The Financial Times looks at the Obama Presidency and concludes: There will probably be no health care bill. Obama has nothing to talk about in the State of the Union speech he recently postponed. This will not be a transformational presidency, and the White House needs to change direction and heads need to roll, or he’ll be in worse trouble next month.