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the question just asked as i was satisfied with that gain on the republican side of five governorships. the answer to that is yes. we ve spent much of this year bracing for much greater republican views. opponents predicted we were going to get annihilated. people were saying that his eight, nine, 10. there was one statistic that within my head every single night went to sleep, which was that according to the university of minnesota, smart politics bob almond democrats were poised than at any point in 90 years. site by then i had at that, going to spend this? [laughter] maybe i can tell people we had a record-breaking year at dga. fortunately [laughter] fortunately, we did not have that outcome. i think phil will admit this point, has said publicly they were eecting it to be in the 30 s when all was said and done. we kept them 25. the reason that s a victory for us is we enter the worst political environment since 1994. we were up to spend, outmanned, outgunned by the ....
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election day, jobs and the economy as the number one issue and spending as the number two issue. and we have, you know, democrats in congress and the president to thank for that, but that was the same issue environment we face it in virginia lasyear in september and october. bumbling governor s race, but experience in virginia, with the most single ouon education and the entire election ccle, which if you had told me that in the governors race i would ve said you re drinking too much that day. but you know, the issue was certainly in our favor and voters generically trust the republicans on the economy and on spending. if you look at those governors that have made hard decisions balance budgets by cutting spending, not raising taxes, even, you know, looking at education and health care in areas that traditionally, you know, voters don t like to see us cut, those governors have a lot of support. donald cut $4.2 billion in his first year. he is a $400 million surplus in v ....
the fact that there were people shorting the mortgage market would ve sent signal that everybody says wow, there s hope the smart investors who think this thing is going to crash and burn. at the market was opaque enough to you couldn t see that the way that you can see it in the stock market. and because the way these instruments work, they were basically not betting on real mortgages, but rather on the casino version of the mortgage. republicans had a net gain of five governorships in the elections and now hold the majority of the state houses. next, a form on the election with officials from the republican and democratic governors associations. the lobbying and political strategy firm, dutko worldwide hosted this hour-long discussion. so, good morning everyone and thanks very, very much for coming. i appreciate it on veterans day. i guess let s all remember that it s veterans day. made my commute fantastic this morning. easy rows. thanks very much all of you fo ....
the book, i think california is an example. at the stay where we ran a number of these races where we had income that democratic governors who were retiring. doyle is a good example, who are in the 30 s were the 40 s and job approval rating. you know, rendell in pennsylvania. in this case, you know, we at schwarzenegger who i think his job approval rating was literally in the high teens, low twenties. canosa testing. i think the democrats in brown s campaign did a good job linking. there was one ad for they had the same thing. they did a good job sort of linking to schwarzenegger and that was the killer. i also think, you know, the housekeeper issue, kind of when it came up sort of park to celebrate the middle of the last 60 days of the election. certainly did not help. and we paid the price with the hispanics. i think the overall exit polling showed that we got i think it was 13, 14% hispanics. all right. well i wanted to open up the questioning to the audience as i ....