Some Thoughts on the Election

Instapundit shares some thoughts on the election (emphasis mine):

DEMOCRATS HAVE THE HOUSE, with a gain of about two dozen seats, and look likely to take the Senate when all the counting is done.

Looks like my pre-mortem was merely a bit ahead of schedule. And I think that this defeat really was the result of a series of unnecessary Republican errors. The GOP leadership needs an overhaul, and I think it will get one.

The Democrats now have a chance to govern, not just carp, and how well they do over the next couple of years will have a lot to do with whether they have a shot at the White House in 2008. Perhaps getting back into power will also encourage a bit of responsibility. We'll see. If nothing else, the bitterness that comes with losing, and being out of power, is likely to recede a bit. Republicans would be wise not to succumb to a similar bitterness, especially as this defeat could have been avoided if they'd stuck to their principles. Maybe they'll pay more attention to libertarians, too.

Upside for the GOP: The economy is probably peaking, with record low unemployment, record high Dow averages, and low interest rates. If (when) things go downhill, there's somebody else to share the blame!

I'm hopeful the defeat will help incentivize the Republicans to retrun to their principles and not just giving them lip-service.