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Sure, he’s got 65 percent approval ratings now, but there are already signs of an economic calamity that could hand the next election to the GOP. Reihan Salam sketches out the disaster scenario.

From Reihan Salam at The Daily Beast:

In his first two months in office, Barack Obama has crushed Republicans with the remorseless good cheer of the Stay Puft Marshmallow Man. Amazingly enough, the number of Americans who believe the country is on the right track has increased by 23 percentage points. The iPhone-entranced Democrats who descended on the District during the inauguration seemed convinced that Obama’s healing powers would cure what ails America. At the time, I thought they were nuts. But insofar as America has been suffering from an emotional rut, Obama’s mix of sobriety and optimism really has worked like magic. Eventually, though, the magic will run out, and I’m guessing it will run out before the next presidential election.

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