President Obama has gained his second victory in Congress, the Wires report that the US Senate has agreed on his Economic Plan. The Democrats have agreed the plan with a few moderate Republicans. The Economy is now the Obama Economy, if it works President Obama gets re-elected, if the economy fails then Obama will be another Jimmy Carter. It should be noted in 1981 Ronald Reagan had a great victory in the House and Senate, when it came to having a combination of the House and Senate Bills, the Democratic Leadership tried an End Run around the President, the President had to get on the phones again to keep his Bill. Thus President Obama should keep an eye on the House Leadership. It seems that over forty percent of the Senate plan is tax cuts, that's good, more money in the pocket helps the working class. Also from reports it seems that the Democrats and seen the light when it comes to when the money is spent, the House Bill had most of the money coming in to effect in 2012. This would help Obama but not help the Democrats in the Mid Term Elections, thus the money will be spent in the first two years. Lets hope this works, the FDR's New Deal did not work in the end, FDR had a second Wall Street crash after a couple years, President Obama cant serve four terms as President, thus in many respects he has this first term to get the economy out of the toilet. If the Economic Plan works and Obama gets a second term, he will face the fact that within two years of re-election the process will start to elect a new President. If Obama keeps Biden he wont have a dog in the race, thus he will be in the same position as Bush 43. Thus it can be postulated that Obama will dump Biden and get a younger VP in 2012. This would allow the new VP to run on the Obama Agenda, if elected the new VP would give Obama the same aura as Reagan in having his VP be his successor.
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