People have compared Obama to JFK but it
seems to me the situation is more reminiscent of Carter.
First Carter came along when people were ripe for
a change from 8 yrs of Nixon and Ford,
Watergate, Ford pardoning Nixon, etc and they THOUGHT the economy was bad. Whether
it was his fault or not we learned what a bad economy was in Carter’s 4 yrs. Remember
the misery index?
Combination of high interest rates with high unemployment. According to survey courses in economics that was never supposed to happen. If one was up the other was supposed to be down.
But we got change.
Second, like Obama, Carter spoke in broad generalities. One cartoon portrayed him as Jiminy Cricket hopping all over the landscape. I thought Ford would pin him down on at least a few issues in the debates. Didn’t happen.
Interestingly enough, Reagan challenged Ford for the
Republican nomination that yr and was criticized for driving Ford to the right while centrist positions were popular in those days. Ford was pretty lackluster so
Carter won.
Finally, just before the election people started adding up what it would cost to implement Carter’s campaign promises and
questioning where the money would come from.
Recently, I heard an opinion expressed to the effect that Obama’s increase of entitlements would cost about 4 times what the country has coming in. Now I’m all for
universal health care, don’t want anyone going hungry or homeless in this country or any other but let’s not kill the goose that laid the golden egg.
He says pulling out of
Iraq will solve the financial problem. I
don’t think so. In my opinion, the 12 billion dollars a month we are estimated to be spending on Iraq may turn out to be chump change compared to what it costs us to get out. Wait till a few more people like Chavez and Ahmadinejad start selling oil for euros instead of dollars and we’ll find out what a weak dollar really is.
Check out the Bretton Woods agreement and
Opec’s agreement to only accept dollars.
When Nixon abandoned the gold standard
everyone with a master’s degree in economics
was saying our currency should be backed
only by our ability to produce goods and services rather than gold, silver or some commodity like the Australians and Canadians
opted for.
Made sense when we were the number one producing nation in the world and
we’d never heard of a trade deficit. A bit
different now, I’m afraid. By the way, do
you really think anyone in Washington in either party cares about the lead in the paint of Chinese toys? It’s the trade
deficit they’re concerned about.
No matter who wins the election in November
we’re going to be in Iraq for quite some time. Mc Cain admits it and Hillary is smart enough to say she’ll leave enough troops there for this, this and this. Add
them up and it’s about what we have there right now.
But Obama claims he’ll withdraw
immediately and go back in if al-quaeda is
ever found in Iraq. Think we have problems now? Try pulling out and then going back in. No, these promises won’t get any more results than Pelosi’s. Of course one of his staffers assured the BBC that he wouldn’t really pull out.
And what about Hillary? Think the muslims
will respect a country with a woman leader?
Rendell is right, no matter what people say in politically correct America, there are still many who won’t vote for a black or a woman.
Also, while Hillary might lead the country in a direction I don’t want to see it go,
she would do so methodically. With Obama
in the whitehouse, there’d be chaos from day one. At least, that’s my fear.
While I agree with every criticism levelled
at Mc Cain, I intend to vote for him as
the least of three evils. The upside of
a Mc Cain presidency might be his reputation for being about as stable as a trailer park in a tornado.
When people think you’re crazy they tend to back off.
Might work with Iran, Venezuela, etc.
Maybe not but he should do at least as well as we’re doing presently and better than the other 2 options.
What about John Bolton? Remember him? He’d
be my choice for president but he’s not electable. Couldn’t even get ratified by the Senate as UN ambassador. In tight with
Mc Cain though, even though he’s ultra-conservative.