Friday, June 27, 2008

Four and No More

I predict that the next president is a one-term president.

No matter who is elected, McCain or Obama, he will (no more ‘he or she’ sentences!) serve only four years and be out. Why? Let’s take today’s financial news as a primer. Today stocks fell to a 21 month low and oil hit an all time record high. The net net is that the U S economy is in the tank and will not resurface anytime soon - and not without considerable pain to be shared by all but a very few who have the money to profit no matter what happens. The new president is expected - promising - to have solutions to this nosedive. Neither candidate has solutions. McCain, having been born before the dollar, had no idea until recently that ‘the economy’ was even a topic. Obama is running for orator-in-chief, so he has no solutions - only speeches. And honestly, there is not much the president can do about the economy anyway. So, the economy will bottom out during the next administration. That administration will be blamed for the worst economy in U S history. Thus, four and out for the next president.

Which party would like to have blamed for the worst economy ever?

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