Old Narrative: DCCC cash advantage = No GOP gains.

New narrative:

The DCCC’s cash advantage is, at the moment, an important circuit breaker for 2010. For all the factors that point to big GOP House gains, it is the cash disparity could mean the difference between a bad year for Democrats and a really bad year.

At this rate, by June we’ll be hearing how the DCCC’s cash advantage will at least keep the GOP from having enough votes to override Obama’s vetoes next year.

Moe Lane

PS: Do I seem insufficiently anxious and resigned to failure? Well, it might be because I know a trend when I see it. Or maybe it’s because I’m currently on the right side of a 4-to-1 seat defense ratio. Or maybe it’s just that we watched the Democratic party pour quite a lot of money down a hole in Massachusetts.

PPS: More serious question: does the Citizens’ United case make monthly looks at fundraising totals more or less irrelevant? It just got a lot easier to fund promising candidates, on both sides.

PPPS: In a truly just world, there would be another announcement of a Democratic retirement this morning.

Crossposted to Moe Lane.