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Written by Stumo
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Tuesday, 19 August 2008 |
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Obama is now performing badly. McCain is performing well. At least in the polls. Pundits look for the convention bounce, first for Obama next week, and then for McCain the week after. I've seen numbers that the post-convention bounce lasts for only a few weeks, then entirely goes away, and thus means virtually nothing.
The economy could be the cutting edge issue for either campaign, but it is not. Both candidates have poor messages on the economy and trade, an issue that Obama has the opportunity to rule given the current state affairs.
Florida: McCain back out front. 46-43%.
Louisiana: Not a swing state. McCain up 55-38%.
Louisiana Senate: Conversely, incumbent Democrat Mary Landrieu leads her Republican challenger, John Kennedy, by 16. But Kennedy is likely a poor candidate, having recently crossed from Democrat to Republican.
Minnesota: Obama's past 12 point lead is now only 4. 46-42%.
Minnesota Senate: Toss up between incumbent Norm Coleman (R) and challenger Al Franken. Franken has trended better after being down. But other polls show him further down. 45-45%
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In the news
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The following article appeared on the online site for Manufacturing & Technology News on November 17, 2008 and was written by Paul Craig Roberts, former Assistant Secretary of the Treasury in the Reagan administration.
By most accounts the U.S. economy is in serious trouble. Robert Reich, an adviser to President-elect Obama, calls it a "mini-depression," but that designation might be optimistic. Russian economist Mikhail Khazin says that the "U.S. will soon face a second Great Depression." It is possible that even Khazin is optimistic.
I cannot predict the future. However, I can explain what the problems are, how they differ from past times of troubles and why traditional remedies, such as the public works programs that Reich proposes, are unlikely to succeed in reviving the U.S. economy. |
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