Republicans lost and they lost big on Tuesday, November 6. The White House remains in the hands of perhaps the most liberal president in our history and GOP dreams of taking control of the Senate were dashed.

There is some good news and one consolation. Republicans have kept their majority in the House of Representatives, sustaining the rebuke voters gave to the Obama and Pelosi Democrats when they passed ObamaCare without a single Republican vote. Furthermore, Obama ran on no real second-term agenda and therefore has no mandate.

The consolation is that in the United States and almost every other English-speaking democracy, when executive power switches to a different party, as it did in 2008 when Obama was first elected, that party almost always gets two terms in power. We have had plenty of one-term presidents, but they usually follow predecessors of the same party.

The sole exception in the last century was Jimmy Carter. Amid his “malaise,” voters gave Democrats only four years in power. Unfortunately, Mitt Romney was unable to convince voters that the economic and national security dangers brought forth by Obama were of a similar scale.

Continue reading on