U.S. midterm elections. The prevailing wisdom is that Democrats will take back the House and the Republicans will retain the Senate, at least according to the polls. Polls, of course, can miss the mark, as can the analysts who interpret them. But if the U.S. does, in fact, emerge from the vote with a split government, issues such as the U.S. trade war, U.S.-Russia relations and the management of its own economy could well hang in the balance. The U.S. being the U.S., what happens here affects the rest of the world. It’s important, however, to keep things in perspective. When we talk about a “U.S. strategy,” it’s a gross oversimplification. U.S. political power is extremely diffused, and the internal constraints that weigh on the executive branch become heavier with a hostile Congress. The president can govern only so much by executive order. To be sure, election results can reduce Washington’s options for pursuing its strategy, especially if opportunistic foreign powers smell
Daily Memo: Midterm Elections, Korean Changes, Brexit Agreements
All the news worth knowing today.