Matalin compared the current political environment to 1992 when President H.W. Bush lost his reelection bid in the midst of a frustrated electorate.

“It was about the deficit which is a framework for the size and the scope and the reach and the intrusion and the advocacy of government,” Matalin said this morning. “That is replaying itself out right here. This is not a petulant, angry, anti-Obama thing. This is against the reach, the over-reach of government on his watch. And the one party control of over-reaching.”

Donna Brazile gave Republicans a 50-50 shot of taking over both houses of Congress, but cautioned against overemphasizing the poll numbers.