Two Inescapable Truths

With three weeks to go before a fateful Presidential election all politicians and activists must confront two inescapable truths:

1-      In the midst of the unfolding crisis in the financial system, the economy isn’t just the major issue, it’s the only issue. Other controversies involving social and foreign policy disputes that seem disconnected from the financial breakdown, will waste time of campaigners and candidates and alienate the public in the process. 

2-      The people have become so profoundly skeptical of their political and business leaders that sweeping reform programs and positive proposals for change will gain no traction. When it comes to rescue and renewal plans for the collapsing economy, the public doesn’t understand and doesn’t trust them.

THE DECIDING FACTOR

If the candidates can’t grab attention for any issue other than the economic crisis, and if all prospective solutions will leave the public cold, what can they positively talk about in the final days of this bitterly fought election?

Each of the candidates will concentrate on warning the public about his opponent. They will make mirror image arguments: yes, current conditions are terrible and alarming—and, as a matter of fact, my opponent and his pals played a big role in creating this mess. What’s more, if he gets his hands on the White House, a bad situation will get far, far worse, bringing unimaginable pain to the American people.

Whichever candidate makes this argument most convincingly will win the election.

Despite the messianic expectations that earlier attended the Obama campaign, the people won’t vote this time on glittering visions of hope and change. They will vote for the candidate who scares them least, and who provides the best indication of allowing the normal processes of recovery to take their course. 

COUNTERING THE OBAMA ADVANTAGE

Barack Obama enjoys a significant advantage when it comes to blaming his opponent and frightening the public. His line of attack is simple, direct and, by now, painfully familiar: “This current crisis is the inevitable result of eight years of the disastrous policies of George W. Bush--- policies enthusiastically supported by John McCain. Now is the time for change and new directions, not more of the same.”

The Mc