A depression is likely very soon. Even a Republican takeover of Congress won't stop it.
The questions I have are 1) if the economy collapses will all hope for freedom collapse as well and 2) will hungry bellies change the average American's view of the utility of capitalism?
I'm pretty sure about the latter but not the former. I know that in any other era, a president like
Obama would be thrown out of office for worsening the economic situation to such an extent.
But it looks like the corruption of Democrats is so deep, that even with a depression, they will be difficult to dislodge.
Neither did Reagan’s election stanch the Carter malaise, that is, not until a couple of years passed. Then the US economy began to smile again.