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If you follow politics a bit, you're bound to get exposed to the Beltway Conventional Wisdom. If you follow politics closely, at some point you'll notice that the Beltway Conventional Wisdom is often badly wrong - and impervious to facts or reason. Rachel Maddow is doing some superb work in fact-checking and investigative reporting, and this segment, about the Beltway CW on the upcoming midterms, is exceptional. I'll add one point many liberal bloggers have noted - voters don't care that much about the deficit, except as a proxy for jobs and economic growth, which they consistently pick as far more important.
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