Economy May Bring More Bad Luck for Republicans (Kevin Hassett)

  Oct. 9 (Bloomberg) -- If you play sports long enough, every now and then you wind up in a game where every break goes against you. When you are in such a situation, you eventually feel as if you're going to lose no matter what happens.

  It seems like Republicans have found themselves in that nightmare as we approach the November congressional elections. Every break you could possibly conceive of has gone against them. And things you couldn't conceive of have broken against them, too.

  The news on Iraq provides a steady drone of negativity. Scandals such as the one surrounding Representative Mark Foley and Speaker Dennis Hastert's handling of the mess are landing at a time that will maximize their negative political impact.

  As the bad news piles up, the one thing Republicans could count on was a strong economy. Growth was high, unemployment low and tax revenue surging. Last week, however, it became clear the economy may well be turning against them as well.

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