It is the economy, baby

A day after Governor Palin’s speech, I am now watching the Dow Jones Index plunge 300 points. So, one guess as to what will determine the upcoming U.S. presidential election? Give up?


…The economy.


Way back early this year, I was a supporter of Senator Hillary Clinton. I already sensed that the U.S. economy was receding and the Clintons are best when dealing with economic issues. But that did not happen. Hillary made the fatal mistake of doing a German blitzkrieg in New Hampshire while allowing Senator Barack Obama to seize the small island caucuses around her. Hillary never caught up. Let this be a lesson to future politicians – never ignore anyone.

But back to today. In the middle of this Republican convention period, the Republican pundits have been careful not to bring up the main reason why our economy is in such a mess. That is, the policies of President Bush. It is a policy of favoring corporate expansion while keeping the social conservative base happy. I am sure that the social conservative base is happy with Governor Palin’s selection. But what about the economic issues?

More than anything else, whether you are a liberal, moderate, conservative or just plain indifferent, what most Americans worry most is how much money we got in our pockets. So, whoever grabs that mantle, grabs the presidential office. I hope Barack Obama seizes that moment. Early this year, I was not one of his supporters, because his call to change was just too vague. I think he is now refining his message. This is a a recent quote of him:

The truth of the matter is, the other party and John McCain don’t get it,” Obama told an audience at a Kent State University extension campus after being introduced by Gabrielle Neavin, who choked up as she described the difficulties she faced as a minimum-wage bakery employee trying to raise a child on her own while also attending college. “They don’t get what Gabrielle is going through, and they don’t get what most of you are going through. They just don’t get it.


One thought on “It is the economy, baby

  1. Actually I like all four presidential contenders.

    McCain is a maverick.
    Palin is inexperienced, but a quick study, and nobody’s fool.

    Obama is dedicated to helping Americans on the home front.
    Biden has a long history of experience with foreign affairs.

    What it comes down to for me is:
    THE DRAIN in Iraq, and which want to continue the war effort,
    no end, no horizon in sight.

    For that crucial issue, the Obama team wins hands down.
    Sorry, Sarah!

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