Morning Jay: Special “Ultimate Predictions” Edition!

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1. Intro. I have to say that I am of two minds about this midterm election. On the one hand, it is great to see the Republican party in resurgence. And not just in terms of raw politics: The Tea Party movement has given the GOP a sense of meaning and purpose in the domestic political debate that it has not really had since 1996 when Bill Clinton outfoxed the Republicans in the budget battle.

On the other hand, as somebody who makes a living discerning trendlines before they develop, this has been frustrating. I’m not going to beat around the bush, my friends: we are in uncharted water here. Consider:

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