Posted by
New-Politico.Org on Wednesday, December 03, 2008 10:42:37 PM
President-Elect Barack Obama is in the enviable position of having a 56% of the American public approving of him as opposed to 39% of the same public disapproving of him. This is a very comfortable 17 point spread. President George Bush had a 90% approval rating in the weeks following 9/11. Everyone loved him. Remember the scene with his arm around a worn-out firefighter? This guy was going to avenge America and get those bad guys, and we loved him for it. Now as he leaves office the President finds himself at a dismal 26% who approve of him. This is sad. It also shows that whatever the President did during his eight years to keep us safe from terrorist attacks and to keep the economy going ( it really only started tanking in late 2007) was not popular. It didn’t sound good. It was not populist governance. It was governance according to his conscience and his ideas of what was best for America.
Now, in some 75 odd days we will have a new President who will govern, most probably, with his wetted finger in the wind. Just like Clinton did. He has to. If he doesn’t do this he risks becoming as unpopular as Bush is right now. He has to sock it to the rich guy. He has to tame the greedy that make big bucks on Wall Street. He has to give a lot of free money to those who do not have money. He has to have health care policy in every pot. Or Else! But there is something just as sad here. He cannot do any of these things. Socking it to the rich guy will kill all capital investment. All job creation goes out the window. Smothering greed on Wall Street also kills Bull markets and the indexes languish. There is no money to give away to the needy. Unless we print some bogus bills which will further drive down the value of the dollar. Neither is there any money for a health care policy in every pot.
So here’s the reason why I wrote this post. It was simply to predict that by December 2010, President Obama approval rating will be in the low 30s. He will be languishing around 31 or 32% and he will have no where to go but down. All his sycophants will be leaving I drives, headed by Hillary Clinton. Having earned two years of foreign policy experience as Secretary of State, she will be primed and ready to challenge the first black President for the nomination of his own party. I am not bold enough to say, that like LBJ, Obama will not seek a second term, but that is a good likelihood, and then all good things will have come to an end. But this is speculation, par excellence! For now let’s enjoy the peace that is the promise of the celebration of the Birth of Christ and promise for our part, each of us, good will toward all men!