But suppose we get through the current economic slump with no further great disasters, what happens then? For one thing, the culture wars, which have thankfully been doused by the economic crisis, will come roaring back in some yet-to-be-determined but certain-to-be-awful form.
For another, the administration itself will probably move back to the Clintonian sweet spot that Washington Democrats find so comfortable and correct and desirable. The jitters will be over, the killjoy liberals will be marginalized, the warm old consensus will envelop our leaders once more, and they will resume their old habits, adored by the press for their post-partisan high mindedness, celebrating free trade and the magic of the market, triangulating just like in the merry days of old.
Then the Republicans will eat them for lunch.