With the dust somewhat settled I thought I’d take a look at a couple of interesting aspects of the seismic shift in government power in the United States.
In a surge of voter dissatisfaction at the state of the US economy, Republicans took back the House of Representatives in the mid-term elections last week.
So what can Americans expect from the new congress? At least a breather, according to distinguished American legal scholar, frequent visitor to New Zealand and past presenter of the Business Roundtable’s Sir Ronald Trotter Lecture, Richard Epstein:
The good news is that the incoming crowd could not repeat the blunders of the outgoing Congress even if it tried. Divided government counts gridlock as one of its greatest virtues. Even a long overdue political bed rest from the next round of Obama legislative mischief should provide a strong tonic for the economy.
But clearly something else has…
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Utopia, you are standing in it! 
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