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Monday, August 17, 2009

Our Ongoing Catharsis

by Victor Davis Hanson
Pajamas Media


Presidential Popularity

After just eight months, the President is at a 50/50 cross-roads in the polls. The once hope-and-change exuberance has dissipated. Such unpopularity is hardly new; what is novel is the rapidity in which a 70%+ approval rating has plummeted to 50%.

What’s Next?

The result is that Obama is increasingly at the mercy of events, rather than directing them himself. If the economy rebounds quickly, if his supporters vastly water down his cap-and-trade and health care initiatives and call such nuancing success, if energy prices stay depressed, if his administration stops the racial hectoring, if Michelle, Biden, and others are advised to smile rather than to speak, then Obama may, like Clinton in 1995, recover.

But if a recovery morphs into Carter-like stagflation with high unemployment, interest, and inflation, coupled with low growth, if Obama insists on a blood-on-the-floor flight for socialized medicine and radical energy taxes, if we get more “cowards” and “stupidly” editorializing, if Michelle gets angry and emerges with more “this is a downright mean country” sermonizing, if Biden starts talking his astrology, then we could witness a Carter or Bush meltdown in the polls—but in year one rather than four or five.

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1 comment:

Anonymous said...

Nothing happens by chance in Washington DC.