Monday, March 12, 2012

Betting On The Future President

SEARCH BLOG: GOVERNMENT

Over at Intrade, people can express their opinions about almost anything... and put their money where their mouths are.  The current money is:


This is directionally similar with current polling numbers at Rasmussen Reports:


Of course, it is still early in the game, but this seems to be the current popular thinking.


But the current president has some daunting problems:
  • going into the 3rd summer of recovery,  the unemployment rate is still over the 8% that Obama had vowed to avoid with his massive spending programs
  • the housing market has not responded to any motivation supposedly in the President's bag of tricks
  • the very visible price of gasoline is hovering in the $4.00 range [higher on the coasts]
  • the President's expanded war in Afghanistan is floundering with no visible strategy and no visible goal
  • the President's image as a Nobel peacemaker has been long forgotten in the reality of the Middle East
The President's saving grace?
"President Obama is the 2012 version of President Carter, seeking re-election in a country facing high unemployment and a lack of citizen confidence in the future of the economy or his leadership on those issues that matter most to them," said Wayne Lesperance Jr., a political science professor at New England College in Henniker, N.H. "The difference between Presidents Obama and Carter is there is no Ronald Reagan running for president" in 2012. [source]

RELATED:

SATURDAY, JANUARY 28, 2012


TUESDAY, MAY 27, 2008


2012 IS HERE

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