One of the weirder things about the discussion in the media during the 2010 election campaign was people were acting like there was some big mystery about the likely policy direction of the Republican Party. But we’re not talking about a 1952 scenario where a group of people who’ve been out of office for a long time suddenly come back. There was a Republican congress from 1995 until 2006. There was a Republican President from 2001 until 2008. We had unified GOP control in 2003, 2004, 2005, and 2006 plus most of 2001. The agenda was cutting taxes and making regulatory supervision of various things as lax and business friendly as possible.
When the dust settles, I think it’s pretty safe to say that will be the Republican agenda in 2011 as well.