The news has been filled with giddy Republican talk of the 2004 triumph as a realigning election — one that ushers in, as Newsweek put it, "political dominance that could last for decades, as FDR's New Deal did." The Republicans are living in a fool's paradise. It's true that over the next few years Republicans will have enormous power. In the long run, however, they're doomed. Doomed, I tells ya! Doooomed! OK, I may have gotten slightly carried away there. Perhaps "doomed" overstates things a tad. But President Bush's political formula does carry the seeds of its own demise. The...