Bummer: higher taxes, a worse situtation in Iraq
The one thing that I want to see tomorrow is what will happen when the stock market opens. It should be a real test of policies. Does the market think that Republican policies have been good overall? Not so good on regulations, but presumably much better than the Dems on taxes and still probably much better than the Dems on regulations. I am assuming that the market did not expect the Dems to take the Senate. If that is correct, tomorrow should see a real change in values.
UPDATE: The market starts down about 45 points. Undoubtedly part of any discomfort that the market has with these results were already anticipated for the House. New information will change this, but the best guess of the impact of the elections is the initial reaction.
UPDATE 2: With Rumsfield resigning, I looked at the market again, and the DOW took a drop of slightly over 20 points from where it was then at.