In 2010, the son of Joe Biden will compete to fill Delawares Senate Seat against a man who has run statewide, and won, twelve straight times. Ted Kennedy’s replacement, Hillary’s replacement and Obama’s replacement will all be contested by former statewide winners. In Illinois, the anti-Democrat comes from inner-city Chicago, where most statewide races are decided. In Colorado, the appointed replacement is facing a primary challenge and a former statewide winner in the general. Chris Dodds approval rating in Connecticut is 43% and the Senate Majority Leader is below 40.
The last three months, the foreclosure rate has been “the worst of all time“. September’s 9.8 percent unemployment rate was the worst since June 1983. But robust growth began then and just 17 months later Ronald Reagan came within 3,800 Minnesota votes of carrying all 50 states. Reagan, however, was reducing government’s burdens — taxes, regulations — on the economy. Obama is increasing them. A Democrat is president and, once again, America finds itself in an “unwinnable war.” I know Democrats will never learn, but they will soon be reminded that voters do.
Much can change, nationally and locally, before Nov. 2, 2010. But perhaps the most politically salient thing is unlikely to change: high unemployment. The Wall Street Journal recently reported that the economy, which has lost 7.2 million jobs since the recession began in December 2007, must create 100,000 a month just to match population growth. Joseph Seneca, a Rutgers economist, estimates that even if job creation were immediately to reach the pace of the 1990s — an average of 2.15 million private-sector jobs were added each year, double the pace of 2001-2007 — the unemployment rate would not fall to 5 percent until 2017.
I expect the next post to be about how John McCain would have been the better choice.
Terry, we only get to make the choices that the machine offers us. Otherwise we would not have the same Wall street DOM’s that slapped Bushes pussy ass around wailing on Obama.
What WAS the choice? Status quo? A guy who felt the economy was fudementally sound, or a glimmer of change and hope (phrases I laugh at….Hope is not a plan).
What choice did we really have.
Your energies would be better spent comming up with a credible canidate.
You could have voted for Bob Barr in 2008 like El Luchador and Art Pedroza. It would not have been a “wasted” vote. A vote for the status quo is a true wasted vote. Winning is not possible but getting a third party to the 5% threshold that would get them Federal Funding in the next Presidential Election is a feasable goal. Ross Perot did not win in 1992 but he got Bush I and Clinton to start talking about the Federal Deficit.
the other day i saw a great nobama bumper sticker it read obama followed by OK WE GOOFED . well we did not have good choices in the last election . depends on who runs i dont think the people will vote for him again .
Amen El Luchador (except for the part about federal funding.) Bob Barr got my vote. He was a great choice and I for one have no regrets for voting for him.
I recall Obama getting bashed on a daily basis from Fox news for the stock market crash before BEFORE he took office. Especially from Sean Hannity, oh boy, every day… “stock market down because people didn’t have confidence in the President (Obama).” Now that the market is back to the year high, breaking records and I don’t hear a damn thing from FOX about this. What say you, Terry, about the stock market?
Don’t get me wrong, I do not think the President (whoever he may be) is responsible for the stock market crash or rally, but if Faux is blaming Obama for the crash, why wouldn’t they give him credit for the rally. I’m tired of this political spin BS.
And Terry, nobody expected Obama to turn the economy around within a year. You’re talking as if this was expected.
The stock market is up based on what Lam? I say its a huge bubble, waiting to pop again. And there is no thanks to Obama in that. I say, you weren’t looking for it to turn around in a year, fine. Were you looking for it to get worse? If not, then you have buyers remorse, because that is what he has done. No, it wouldn’t be worse WITHOUT the stimulus that Demoncrats voted for (and too many Republicans), it is worse WITH.
New piece coming out soon how the Left had to LIE to a majority of America and tell them they could get everything they wanted, without paying for it. They will pay, and not get anything they wanted anyway.
Hey Terry, Obama WON. And did you notice what is happening with health care reform – public option is on the table, BIG TIME now. I’d say the progressives are firmly in charge right now.
That is all. 😉
“The stock market is up based on what Lam?”
Based on what… based on the fact that the DOW was 6000 and now 10000. I know, that’s not what you meant in your question. Did you read my post Terry? I don’t believe the President is responsible for the market crash or rally. But if you’re (the right) going to bash Obama daily for the market going down, wouldn’t it be fair to give him credit for market going up?
And guess what Terry, I’m actually a BEAR when it comes to the market (stocks and real estate). I just think it’s funny that you cited unemployment and foreclosures, while ignoring other stats. It’s a game to you, I know. What’s bad for the country is bad for Obama, what’s bad for Obama is good for the Republicans.