Nate Silver offers a preview:
Suppose that the economy is showing relatively robust signs of recovery by 2012: not necessarily spectacular rates of growth (in which case, Mr. Obama’s re-election might be almost a sure thing), but G.D.P. growth on the order of 3 or 3.5 percent, and a reasonably significant reduction in unemployment. (Most economists do think that the deal will have some stimulative effect.)
See, this is proof that lower taxes work, I would argue if I were a Republican.
The stimulus — all that government spending — didn’t work. It just increased unemployment. But keeping taxes low worked, and the economy is finally recovering. So why on earth would we want to raise anyone’s taxes now?
The Dish 