Mega change in store for political parties

The news today is about the "civil war" inside the Republican Party that may lead to not only failing to deliver a President but also failing to sustain its control of Congress. Democrats should not gloat.

First, American voters should act to change the current government. Given that President Obama has pleased 55% of the people most of the time, that is a point of stability. A period of stability is good for the markets as it is for most people. America needs a breather.

If American voters act with a measure of collective wisdom, they will make their Congress work again by voting for Democrats in most places.  The combination of a sound bureaucratic executive that is checked by a Congress that has the backing of most of the electorate will restore much-needed function.

On that note, true change must begin inside the political parties. While the Republican Party will likely rock among extremes, Democrats are likely to catch the fever too.

Both political parties need a major performance audit. Some might call for outright deforestation and make it a do-over. That will be the course of discussion for many more articles.

Illustration from The Economist