Thursday, July 15, 2010

Obama, the Political World and Real World!

Politico: Reports on the following perception on the Obama Presidency, “ Obama is still widely perceived as flirting with a failed presidency. ” As the article notes Obama has been very successful in getting the US Congress to pass his agenda, in Democratic terms he is more LBJ than Carter. But the Agenda does not get jobs for the American people, US Government statistics place the level of unemployment at 9.5%, Obama in his argument for his economic package stated that if it was passed the level would not go beyond 8%. Thus the Obama’s economic policy has failed, when it came to health care reform the White House argued that once it was passed the US voter would come around and support the policy, the latest polls show that the US voter still opposes ObamaCare. The Democrats always compare Obama to Ronald Reagan and his first term, Reagan’s economic package took time to work and he was down in the polls but the economic package did work by the time of the re- election campaign of 1984, Reagan won 49 states out of 50 and 59% of the vote. The Obama domestic agenda has higher taxes to fund his health care reform, the Bush 43 tax cuts will cease, business faces tax increase on various levels. Thus Obama might be LBJ when it comes to the Congress but LBJ got his backside kicked out of office in 1968. After LBJ the US had Republican Presidents from Nixon to Bush 43, and in between moderate to conservative Democrats in the White House. Thus still my prediction that Obama will lose Congress in 2010 and will either not run in 2012 or will lose by 49 states and the US will see a generation of Republican Presidents.

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