Analysis of the Republican Party

Brad DeLong has a posting on his blog that very nicely analyzes the current state of the Republican party:

To understand the Republican Party today, you have to recognize that right now it is bespelled by three curses:

• The curse of Ronald Reagan: it believes that over the long haul somehow America can tax like Calvin Coolidge and spend like Lyndon Johnson and everything will come out fine because it is morning in America.


• The curse of Richard Nixon: it believes that the purpose of politics is to win high-paid jobs with no heavy lifting involved and to humiliate your political adversaries, rather than to make a better country and a better world, and so anything goes.


• The curse of Barry Goldwater: it believes that the big threat to liberty comes from government attempts to enhance equality of opportunity, and so the Republican Party must abandon its historic commitment to equality of opportunity.
  

The Republican Party may never again have a legitimate place in American civil life. But if it does, it will only be because brave men and women working within it lift these three curses.

I don't expect the Republicans to recover. I think that when Nixon took them on their "Southern strategy" they left the mainstream of politics and have slowly been edging over the cliff. It is pretty clear to me that with the Great Recession they have finally tumbled over the point of no return with their fanatical policy of obstructionism.