SEN. CHUCK SCHUMER (D-New York): The most salient factor in our political economy is that for the first time in American history, middle class incomes have been in decline for over a decade and the grand optimism of America and the American dream is itself in jeopardy. The 2014 election results can be explained this way:
During 2013, neither party convinced the middle class that they had an effective way to get them out of this morass. That they had an effective plan to create good jobs and incomes.
As 2014 began, the parties were in stalemate. But, when government failed to deliver on a string of non-economic issues: the rollout of the Obamacare exchanges and the mishandling of the surge in border crossers, the ineptitude of the VA, the initial handling of the Ebola threat, people lost faith in government's ability to work, and then blamed the incumbent governing party, the Democrats, creating a Republican wave.
Ultimately, the public knows in its gut that a strong and active government is the only way to reverse the middle class decline and help revive the American Dream. Democrats lost in 2014 because the government made mistakes that eroded the electorate's confidence in its ability to improve the lives of the middle class.