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Cato Podcast

Reading Election Day's Tea Leaves

Cato Podcast

Cato Institute

Immigration, News, News Commentary, Peace, 424708, Markets, Government, Libertarian, Policy, Politics, Cato, Defense

4.5979 Ratings

🗓️ 4 November 2010

⏱️ 9 minutes

🧾️ Download transcript

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Transcript

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0:00.0

This is the Cato Daily Podcast for Thursday, November 4th, 2010. I'm Caleb Brown. The Tea Party is coming to Washington.

0:08.0

With historic wins of the U.S. House and big gains in the U.S. Senate, the Tea Party movement has made a strong statement.

0:14.2

But what did that statement say exactly?

0:17.4

And what pitfalls await those who want, as many have tried in the past, to change Washington. John Samples is director of the Cato Institute

0:24.4

Center for Representative Government and author of the struggle to limit

0:27.7

government. He comments. One of the immediate responses that I heard from people

0:32.0

I know in following up on this election

0:34.6

saying oh it's a big win for Republicans was well look at all the incumbents who

0:39.5

were not kicked out of office and I guess once you leave aside people who lost in

0:46.9

primaries and things like that maybe the incumbency rate is actually not that

0:50.3

high but how do you read the incumbency rate this time around versus previous midterm

0:56.8

elections?

0:57.8

Well, I mean, compared to the, you have to go back to the 19th century to make this look like it was a poor

1:05.0

turnover. Something we're in a period where and have been for most of the

1:10.9

century last century where there's not a lot of turnover in the

1:14.2

house. Going into this election in the house there was talk of about a hundred

1:18.8

seats being a little more than one hundred seats being, where the challenger could win.

1:26.0

As we know, it's something a little over 60 actually did change hands in terms of party and by the terms of elections, particularly in the post World War II

1:39.6

era, that's just a huge turnover and you did have competition beyond that but that does mean that since we have 435 members of the house

1:50.4

That well over 300 seats are not considered competitive even though they are being run.

1:55.0

I think, you know, the Barney Frank seat is very much of an indication of what we're talking about here.

2:02.0

It was thought that he was in trouble,

...

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