The Democratic pundits have started to argue that none of these potential Republicans candidates has foreign relations experience. It’s not as if the Senator from Illinois had any in 2008, unless you consider his time in Indonesia as a toddler. In addition, I think it’s fair to say that Obama hasn’t really done such a boffo job – after all, the world is in a chaotic state and he hasn’t done a thing to solve any of the problems. Other than killing Bin Laden -- while admirable -- he has absolutely no other foreign policy accomplishments. There isn’t a single foreign leader with whom he has developed a strong relationship. He is too aloof and impersonal, and all of them know that Obama never met a promise that he couldn’t break.
There is the one issue that really counts – the economy – and Obama has a record that only Jimmy Carter would envy. Here are the salient points:
1) The housing market is and will continue to be in shambles. Obama’s policies have done nothing to solve the problem, and most analysts feel that they’ve only made it worse.
2) Employment is stagnant and his policies have done nothing other than discourage job-creation. No one believes that the unemployment rate will be below 8%, and that on its own could be deadly.
3) Most people are very concerned about the ridiculous budget deficits, and almost everyone understands that they are unsustainable. In fact, everyone gets it except for Obama and his cohorts in Congress. Even if the Republicans force spending cuts down his throat, the deficit will still be over a trillion dollars.
4) The continuing deficit, along with a reckless fiscal policy, has caused the resurgence of inflation. Rapidly-rising gas and food prices are eating up the average paycheck for those who still have a job. There is no remedy in sight, even as this President keeps spending at unaffordable levels and prints fake money to pay for it.
5) The Youth Vote will continue to stray from Obama as two more years of college and high school graduates enter a bleak jobs market. They may have thought he was cool in 2008, but money talks and some had higher aspirations than being baristas.
Finally, the Republican candidate will have to compete against a President who, according to the pundits, will have a billion dollars to spend on his reelection. Let’s see him raise it. Frankly, I don’t believe he can. I keep on reading about industries that have pulled away from Obama. Four years ago, he was (to many people) a ray of hope, but now he has his dismal track record to defend. Wall Street donated profusely to Obama in 2008, but they have been blind-sided by him and are pulling back. Jews have repeatedly been slapped in the face, and, even though some clueless liberals will help him raise money, that pipeline is going to be significantly diminished. His only hope to raise a billion dollars is if George Soros and Peter Lewis (Progressive Insurance) write him very, very large checks.
I am a betting man and I am betting that virtually any Republican – except a loon like Ron Paul – can send Obama back to Chicago in November 2012. America will have endured four years of this disastrous experiment, and we will have a new President.