It's not Watergate 2.0 yet, Bob Woodward tells POLITICO. For example, there's no clear line to the White House on the IRS' providing extra scrutiny on the tax-exempt status of conservative organizations.
However, take it from a Baby Boomer who survived Watergate 1.0: Productivity will take a hit. The hit will be bigger than when the Watergate 1.0 hearings were broadcasted on television. That's because there are so many more venues for presenting the news and opining. Name one person who will not be caught up in this? I will be hitting all my three syndicated blogs, tweeting, and commenting on Facebook.
Back during Watergate 1.0, everyone took the time to express thoughts about government, human nature, power, the GOP, Richard Nixon, all the president's men, and Everyman. In addition everyone caught snippets of the hearings. Sometimes in university towns like Ann Arbor, Michigan, where folks have flexible schedules, we had Watergate-hearing parties.
Watergate 2.0 will bring the nation a nice pause after so much tragedy. If there is no Watergate 2.0, there will probably be great disappointment throughout the land.