Friday, November 6, 2009
One term president
"It's the economy, stupid"
ABC News anchor Charles Gibson said two days ago Tuesday's election results demonstrated the nation is concerned with the economy. As stated on this blog before, President Barack Obama's health care agenda is a diffusion screen.
President Bill Clinton reportedly had a slogan on his desk, it's the economy, stupid. This is what will result in Obama being a one-term president. Obama needs to bring troops home from Afghanistan and Iraq and concentrate on re-building this nation. A period of isolationism is needed. It worked for China, now the world's #1 economic power.
Associated Press reported this morning, The has surpassed 10 percent for the first time since 1983 — and is likely to go higher.
Counting those who have settled for part-time jobs or stopped looking for work, the unemployment rate would be 17.5 percent, the highest on records dating from 1994.
Nearly 16 million people can't find jobs even though the worst recession since the Great Depression has apparently ended. Many economists worry that persistently high unemployment could undermine the recovery by restraining consumer spending, which accounts for 70 percent of the economy.
How can the 21st Century DEPRESSION be over if unemployment is so high? This is the difference between reporters and Marketing $ociologists. Marketing $ociologists look at this and realize the economy, which has been recovering, can slip into a "relapse."
The big view for Marketing $ociologists is for companies that back political candidates in return for future favors. It is best if a company backs the candidates who support their beliefs, but that is not the real world. Companies support candidates who can return the favor.
So if you're looking at the political landscape, you know the Republicans will sweep the 2010 elections, and most likely the 2012 elections, which includes the presidency.
An example is if Arnold Schwarzenegger, termed out as governor, runs against Calif. Senator Barbara Boxer. It will be a tight race, but due to the economy, we will be saying The Senanator.