If the new GOP Congress doesn’t do something fast to unlock the American economy, its most vulnerable members are going to be defeated in 2012. The consensus among economists is that unemployment will remain at 9% through 2011. A GOP with a 65-seat House majority and 47 Senate seats will not be immune to the surliest public mood any of us has seen. Tea partiers and the Republican Party want to cut spending. But they are mistaken if they think the federal budget is what drove this historic upheaval. Henninger says a genuine pro-growth economic agenda requires more than spending restraint, and if the GOP gets it wrong, he would rather not go where a volatile and angry electorate will take the country.
Henninger writes ‘Wonder Land’ for the Journal.