"The world is a tragedy to those who feel, but a comedy for those who think" Horace Walpole
In the wake of the Massachusetts election, I found it extremely humorous to see all the so-called experts change their analysis overnight. They were trying to sound like they knew what was going to happen all along. Once again, like the politicians themselves, all the experts were wrong and most of them still are. I hope you will entertain my humble opinion as I try to explain what forces caused this to happen.
After World War II, the US emerged as the only industrialized country not decimated by war. We were in the position as the only superpower in the world with the greatest military force in the history of the world. The world looked to us to help them rebuild and we built the things that did it. As a result we became the wealthiest country in the world. The only threat was the socialist nations of China and the Soviet Union. As we found out later, they were not as powerful as advertised and were never a bigger threat than we could handle. President Eisenhower warned us in his farewell address against not only the "Military Industrial Complex" but in the same speech he gave the following, lesser known, warning:
"Americans must avoid the impulse to live only for today, plundering, for our own ease and convenience, the precious resources of tomorrow. We cannot mortgage the material assets of our grandchildren without risking the loss also of their political and spiritual heritage. We want democracy to survive for all generations to come, not to become the insolvent phantom of tomorrow" - Dwight D. Eisenhower