They feel like the left is formidable, especially on core economic issues, because despite dominating so many institutions, they can't get the population to agree with them. The population still overwhelmingly supports the minimum wage, social security, Medicare and the whole apparatus of the New Deal.
They may celebrate the erosion of its effective enforcement under the pressure of corporate power, but they know tthat they failed completely and abjectly to build popular support for dismembering the welfare state and labor laws. The right may win political power but their intellectual failure is shown by Bush's need for Orwellian labelling of every initiative as if its pro-environment and pro-worker.
Nathan Newman