We’re going to see a revolution in American politics. Special-interest groups and lobbyists will be swept aside by Newt Gingrich’s remarkable power in the House. The bulk of the Contract will become legislation. If welfare reform is included the Republicans will solidify their hold on Congress for twenty years. If budget outlays are cut, along with tax rates, in such a way as to actually bring the deficit down without phony accounting, then existing interest-rate premiums will come down. This will power a continuing investment boom, improving real wages and productivity, thereby helping middleclass working families, further bolstering the GOP.
—Mort Zuckerman, New York Daily News
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