Larry Kudlow is practically doing backflips over Arnold’s supply-side rhetoric and the potential political opportunities it brings in 2004. Certainly Arnolds confirmation that he’s running as a fiscal conservative means that many doubts about his intentions have now been dispelled.
Still, I think it’s far too optimistic to think that Bush can win California. The Democrats will play by their race-baiting playbook to the hilt, and they’ll pull any trick they can to ensure that Bush loses. However, I do agree that a Schwarzenegger victory in the Golden State will force Democrats to expend more effort and energy into combating Bush, leaving them with less resources on other battleground states.
Still, what’s important is that California gets someone who can lead them out of their economic death spiral, get the jobs engine of Silicon Valley restarted and bring real economic growth to the state. A vibrant California will help jumpstart the slow recovery of the last year into a stronger and more vibrant economic recovery that will not only be good for the GOP in 2004, but the entire country as well.