After months of polls, punditry, prognostication, and plain old blather, it feels like the midterm elections have already happened.
We already know whatâs going to transpire, right? The Republicans are going to win 50 seats in the House. No, make that 60 seats. Wait, it could be 70 seats!
To use a Wall Street term, the GOP takeover has already been factored into the market. Baked into the political cake, as it were. Once the media mavens reach a rough consensus, the parameters of the debate shift, even if itâs based on sheer crystal-ball gazing.
Thus it was that CNNâs Candy Crowley asked Republican National Committee Chairman Michael Steele about the âexpectations gameâ on Sunday: âLess than 50 seats gained by Republicans in the House, itâs a failure.â
Steele wasnât buying; he insisted the 39 seats needed to win control would be a success in his book. (He even said heâd be happy with 37 seats, although that would keep the speakerâs gavel in Nancy Pelosiâs hands.)
Have we really reached the point where the GOP could pick up 50 House seatsâfar more than the 31 that gave the Democrats control four years agoâand the commentators would call it a disappointment? What would be the headline? âGOP BLOWS HISTORIC LEAD, SEIZES HOUSE BY LOWER-THAN-EXPECTED MARGINâ?
Welcome to the media playing field, where we get to move the goal lines whenever we damn feel like it. Winning by two touchdowns is all well and good, unless the journalistic referees say you need three touchdowns to beat the spread.
In the real world, which candidates are sworn in next January, who takes over the Ways and Means Committee, who is suddenly armed with subpoena powerânone of this matters. But in the great media echo chamber, politicians and parties are measured against our earlier predictions.

If the Republicans manage to win 10 Senate seats and take that chamber as well, the feat will be magnified by the fact that it defied the pundit consensus. That means youâll see a dramatic upgrade in weather-system analogies: Category 5 hurricane, unprecedented tsunami and so on.
If media people were effectively disbarred for lousy records, the business would be depopulated.
Not that our intrepid forecasters have to wait for the storm to actually strike.
âTSUNAMI WARNING,â screamed the banner headline on yesterdayâs Huffington Post.
National Reviewâs Jim Geraghty (who says we use natural-disaster metaphors only when the Democrats lose) projected a 70-seat GOP pickup in the House and eight seats in the Senate.
The Washington Post asked outsiders for their picks, which were almost comically precise. Politico editors John Harris and Jim VandeHei say the new House will have 224 Republicans; NewsHour political editor David Chalian says 233; ABC political director Amy Walter says 234.
On Fox News, Dick Morris, who is out campaigning and raising money for Republicans, makes predictions that happen to favor the GOP. âI believe weâre going to win the Senate. I think we are indeed going to sweep the table,â he declared.
Night after night, those playing Hardball quiz each other on the blizzard of races.
JOHN HEILEMANN: NevadaâAngle-Reid.
CHUCK TODD: I assume Angle.
HEILEMANN: Pennsylvania. Sestak and Toomey.
TODD: Oh, Toomey.
Why do we do this?
A) We canât help ourselves.
B) If weâre right, we win bragging rights for having âcalledâ the election.
C) See A.
Plus, thereâs very little penalty for being wrong. Almost no one goes back to the videotape, and within a day or two the predictions are deemed old news. (How convenient.)
If media people were effectively disbarred for lousy records, the business would be depopulated. Remember how everyone knew that John McCain was washed up for the 2008 nomination, and that Hillary Clinton would lose the New Hampshire primary?
How about that Scott Brown race, when even the Boston press was convinced until the final days when Martha Coakley was going to trounce him? The veteran Delaware congressman Mike Castle wasnât going to lose to some anti-masturbation woman whose main credential was popping off on Bill Maherâs show, was he? How many reporters thought Lisa Murkowski would forfeit the nomination to an obscure Alaskan named Joeâor that she would now have a strong chance of beating him as a write-in candidate?
If journalists were betting big on their predictions, a whole lot of them would be facing foreclosure.
Yes, some of it is harmless fun. And there are a growing number of sharp-eyed analysts, such as FiveThirtyEight's Nate Silver, using more sophisticated tools than existed a few short years ago. But the constant churn of bold predictions and gut-level guesses reflects a culture that values the game above all elseâand the insider aura of seeming to know whatâs going to happen before everyone else.
This has been a serious midterm election in many ways, a referendum on the size and reach of government, and there have certainly been journalists who have taken it seriously. There have been stories about the challenges of seriously trimming federal spending and near-impossibility of repealing President Obamaâs health-care plan.
But when you turn on the cable news channelsâgeez, now Iâm sounding like Jon Stewartâyou see far more about Obamaâs cool temperament and Carl Paladino threatening to take out a reporter and a Jerry Brown aide calling Meg Whitman a whore and a Rand Paul supporter stomping on a womanâs head and Joy Behar calling Sharron Angle a bitch and Sarah Palinâs latest attack on the lamestream media. Oh, and the latest tracking polls and whoâs ahead in Pennsylvania and can Harry Reid pull it out and just how many seats is the GOP going to capture, anyway?
Perhaps, once the votes are counted, we can have that detailed debate about what the Republicans will do with their mandate and how the White House will adjust to its reduced circumstances and what it would take to mollify angry voters.
Or maybe not. On Wednesday morning, the media will fire the starting gun for the 2012 presidential race and weâll be off to the races again.
Howard Kurtz is The Daily Beast's Washington bureau chief. He also hosts CNN's weekly media program Reliable Sources , Sundays at 11 a.m. ET. The longtime media reporter and columnist for The Washington Post, Kurtz is the author of five books.