That’s a bold prediction. I’m skeptical. I think it is more likely is that this thing passes, and fails spectacularly. There are too many moving parts, and if any of them breaks, the whole thing rapidly starts to spin out of control and eat a gigantic hole in the deficit. If it does break, I think that Democrats keep control of Congress just long enough to explain why they keep having to enact whopping new tax increases every few years. Republicans don’t need to improve their message. They just have to wait for Democrats to recover their reputation as tax and spend politicians who woefully underpredict the cost of everything they propose.
Because as we know, universal entitlement programs become wildly unpopular once it’s clear that their costs are utterly unsustainable without huge tax increases. The programs are promptly repealed, and become a huge liability to the party that proposed them.
As Mr. Smith said, there’s a lot of ruin in a nation. If the implosion isn’t pretty damn quick, I expect the cement will have set.