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Realistically, the US will be going through some rough times between 2008 and 2012. Economically, then Fannie/Freddie mess may merely be the leading edge of a larger decline which could hit hedge funds, the commercial real estate market, the job market, and could all be bound up in increasing inflation.
The federal budget is going to be overdrawn by $400 billion relative to revenue next year, further worsening the national debt.
If Obama wins, the Democrats will control all Congress and the executive office. All failings and problems will be pinned directly to them, just as they were pinned to the GOP and Bush from 2002 to 2006.
If McCain wins, the expectation that he will only serve for one term will probably make him a particularly weak leader, with many parties "looking past" his administration, especially since the Democrat-controlled Congress will have the power to seize up anything McCain actually proposes.
No offense to Palin, but it's very doubtful that such a neophyte would be regarded seriously by major institutions like investment banks or foreign governments. They'd also look past her, and deal directly with advisers or other private parties in the US.
All in all, if your party has to lose a presidential election, this would be a good one to drop. This has many of the makings of a Jimmy Carter redux in terms of the forces that will be pushing and pulling at the chief executive over the next four years.
Which raises the question - would a thinking partisan really want his or her party to win this cycle? Do they not remember that there are such things as Pyrrhic victories?
Realistically, the US will be going through some rough times between 2008 and 2012. Economically, then Fannie/Freddie mess may merely be the leading edge of a larger decline which could hit hedge funds, the commercial real estate market, the job market, and could all be bound up in increasing inflation.
The federal budget is going to be overdrawn by $400 billion relative to revenue next year, further worsening the national debt.
If Obama wins, the Democrats will control all Congress and the executive office. All failings and problems will be pinned directly to them, just as they were pinned to the GOP and Bush from 2002 to 2006.
If McCain wins, the expectation that he will only serve for one term will probably make him a particularly weak leader, with many parties "looking past" his administration, especially since the Democrat-controlled Congress will have the power to seize up anything McCain actually proposes.
No offense to Palin, but it's very doubtful that such a neophyte would be regarded seriously by major institutions like investment banks or foreign governments. They'd also look past her, and deal directly with advisers or other private parties in the US.
All in all, if your party has to lose a presidential election, this would be a good one to drop. This has many of the makings of a Jimmy Carter redux in terms of the forces that will be pushing and pulling at the chief executive over the next four years.
Which raises the question - would a thinking partisan really want his or her party to win this cycle? Do they not remember that there are such things as Pyrrhic victories?
Honestly I think everything will come back to congress and we know who controls that. They have made such a bad name for themselves it is going to be very easy to do it.
I think we are going to be looking at a McCain Palin back to back election run (meaning, Palin will run in 4 yrs.) Obviously that is a long ways away so anything could happen but we'll see.
A good question. Probably it's a hard thing for the winner(s), but I do fear for the country and all of us if the Repubs win and continue half of what the last eight years have been.
Hell, I would hate to be running for president right now considering what GWB has done to this country and the mess that is left around. If I had to choose, I would have picked 2000 to run-- when our country was at a peak of prosperity and peace and there was so much wiggle room to mess up.
Hell, I would hate to be running for president right now considering what GWB has done to this country and the mess that is left around. If I had to choose, I would have picked 2000 to run-- when our country was at a peak of prosperity and peace and there was so much wiggle room to mess up.
Obviously 9/11 changed all that and we have no idea what might happen in the next 4 years. For that reason and the fact that the Dems control the Senate I am really afraid of the damage that Obama could do.
Hell, I would hate to be running for president right now considering what GWB has done to this country and the mess that is left around. If I had to choose, I would have picked 2000 to run-- when our country was at a peak of prosperity and peace and there was so much wiggle room to mess up.
Well, it's not like Bush flew the planes into the WTC, rustled up Katrina and planned the subprime mortgage bubble....
Aside from that, I disagree totally with your opinion. The opportunity for real leadership, given the problems we face right now, is epochal. The party or leader who brings us through this situation successfully (assuming, of ocurse, that this is possible) will be due a large measure of praise and respect, and will hold political power for a generation.
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