I would say under normal circumstances Mitt Romney would win the fall election in a slam dunk, but now I am not sure just because of the way his party is acting. It's like they want to throw another election out because Obama is so much better at achieving the same neoliberal goals as any Republican.
Last presidential election was like a bait-and-switch con game. Enough people were scared of a McCain-Palin term, or at least a Palin term, they just automatically went to Obama. It helped few people wanted the Republicans in the White House after eight years of the Cheney presidency. But in the end people got a worse deal than even a McCain presidency.
Snip:
But, as Andrew Leonard explained earlier, the underlying numbers are discouraging. Far fewer jobs were created in March than expected, and there are hints that consumers are pulling back on their spending. It’s possible that the momentum of the last few months is stalling out, or even that it was a mirage. It’s also possible that the new data is a blip, and that the coming months will bring more robust job growth.
The problem has always been lackluster-to-nonexistent demand. Obama has done squat about it.
Robert Reich writes about the same thing:
And there’s America’s economic problem in a nutshell.
Romney and his ilk are doing wonderfully well, but the rest of the nation is still in deep trouble. Yet the U.S. economy can’t fully recover on the spending of millionaires.
The President has already announced that this election is about America’s surge toward ever-greater inequality. He’s right. And this painful recovery shows it.
It would be sadly ironic if Obama lost the election because the economy responded to widening inequality exactly as expected
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