Presidential Terms: Begun By Heroes; Finished By Villains …

Divorcing ObamaWe’re informed now that: “Life Under Obama Sucks.” We hear: “Dems Run From Reid “

We’re told that a Union blasted the White House amnesty/immigration plan. And that foreign born employees are now some 25 million in the U.S. What does this add up to?

Well, if  all the reporting media haven’t suddenly switched to the Republicans, it means that there’s something benefiting Democrats here. What could that be?

Let’s start with the President. His ratings are lower than a snakes’ belly; he can benefit candidates most by being somewhere else. If you are a Democrat campaigning now, it’s time to throw him under the bus. That provides two gains: It allows you to tell the voters you aren’t an Obama person and therefore, aren’t responsible for anything they are unhappy about. And it allows the President, post-election, to do things that will anger the voters, like amnesty, without hurting you. It allows you to continue supporting unions and being supported by them. A win-win, per game theory.

Next, we’ll consider the Democrat campaigners: Dumping the Prez lets them promise a whole new deal uncontaminated by Obama doings while blaming the GOP for Obama’s failures. What’s not to like about that? All that annoys the voters becomes the fault of Obama, with whom the new Democrat candidates now disagree, and of the Republicans, leaving voters free to elect the suddenly new Democrats. (If hey fall for it.) Therefore, so long, Barack; so long, Harry Reid; it’s been good to know you, but you know how it is … And indeed, they do; both are now free to do whatever they wish no matter how it upsets voters, until a new President takes office. Look for lots of middle finger to the voters stuff between the upcoming election and the next President’s arrival. Plus increasing distancing by Democrats with a future. Nothing personal here, just normal politics. As President Harry Truman put it: “If you want a friend in Washington D.C, buy a dog.”

For the Republicans, the ploy is equally a gain. They can run against the President who is annoying the voters just as the Democrats are doing and they can do it without any promises of their own, merely by not being Democrats. What’s not to like for the GOP?

Well, there’s a third, unstated factor here, we believe. Just now, we think that both parties would prefer that the other be in the White House the next time that the stock market crashes. And a crash is looking increasingly possible: the stocks have been rocketing upward in a weak economy, an economic contradiction if there ever was one. They are floating upon a Fed bubble of funny money that is not sustainable. So a crash is coming and what politician today wants to be the next Herbert Hoover? Better to be his heir … so current elections are a sort of game of musical chairs, or a prize of a poisoned chalice. Fun watching politicians squirm …

It is obvious that there is no money to pay for the social safety net plus military adventures around the world; it is obvious that neither party is willing to admit that. So both will blame the other for ‘wanting’ to do such necessary cuts. And they  are necessary, and will come but not until the economy has collapsed enough to make the need unarguable.

So the dance proceeds while the economic orchestra continues to play … not much longer, now or so we believe. But what do we know? For now, we watch the dance.

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About Jack Curtis

Suspicious of government, doubtful of economics, fond of figure skating (but the off-ice part, not so much)
This entry was posted in Economics, Elections, Politics and tagged , , . Bookmark the permalink.

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