It was worth a shot, but not worth billions in new taxes brought in by crippling the value of homes, destroying charities and rolling federalism interests.
The various narratives on what happened do not matter. What matters is that Democrats would not deal with spending. Take it to the people in 2012: There are two visions, the Democratic one of the U.S.-as-Greece-on-steroids, and one of the Reagan years. Let the choosing begin. The example of the elections in Spain should let both American parties know what is ahead for the U.S. vote.