Politics | Election 2010 5 Hopeful Signs for Democrats in Midterms No need for Pelosi, Reid to panic—at least not yet By Kevin Spak Posted Apr 2, 2010 2:40 PM CDT Copied Senate Majority Leader Harry Reid, D-Nev., left, talks with House Speaker Nancy Pelosi of California before President Barack Obama signs the HIRE act jobs bill in the Rose Garden, March 18, 2010. (AP Photo/Alex Brandon) Democrats didn’t get the bump in the polls they were hoping for after health care reform passed. Are they doomed in November? Maybe. But they have reasons for optimism, writes Jay Newton-Small for Time , including: Michael Steele: He’s “the gift that keeps on giving,” and his gaffes are killing the GOP’s momentum. Tea Party candidates: In many states, fringe candidates are sucking up money and threatening to derail theoretically more electable establishment candidates. Fundraising: Voter enthusiasm hasn’t translated into donations; the National Republican Campaign Committee has $6 million in the bank, compared to $20 million for Democrats. No Newt: The GOP doesn’t have a leader like Gingrich to rally around; only Pelosi and Reid to rail against. Legislative victories: It’s got to be better to win the health care fight than lose it, right? We’ll find out for sure in November. Read These Next Trump: US strikes have begun and Iranians should overthrow government. CNN boss asks workers not to 'jump to conclusions' about deal. Eatery's oyster offer remained unfulfilled for decades, until now. Back to the Future star is at the center of a shocking suit. Report an error