My initial reaction to this Businessweek story was "Really?" Mostly because I would never blame the current state of the economy on the President, good or bad. Then I realized what the article really was saying; more than anything people vote with their happiness. If times are good, people are more obliged to keep it that way, and are less likely to vote in an unknown. But when times are bad, people are more likely to take a look at what the other guy is selling. I think the best example of this was Ronald Reagan's famous line, "Are you better off than you were four years ago?" That line directly linked the state of one's life to Jimmy Carter's election in 1976 (to be fair unemployment was practically the same when he came in as when he went out but it was the lower numbers in between that he was judged on) and back to the present, and guess what? A whole lot of people said no.
It doesn't matter how trustworthy Barack Obama is or how cool he seems, if he is tagged with making millions of people unhappy then he stands no chance at reelection and with the current economic numbers and the inability of Washington to do anything good for the economy, one never knows.
It doesn't matter how trustworthy Barack Obama is or how cool he seems, if he is tagged with making millions of people unhappy then he stands no chance at reelection and with the current economic numbers and the inability of Washington to do anything good for the economy, one never knows.
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