The growing intervention and regulations are to a point that control a great many things in our lives. When the Calif legislature passes over 2,000 laws each year there is a clear indication that the elites in power want to use that power and to what end? Is Tax reform possible or is it just rhetoric? How bad is unemployment and how much of an issue is it? How fast has the welfare state increased and is there any end to growth in site? Is Social Security going bankrupt? See the links at left for more information.
We in my generation knew these were serious but felt that someone would step up and solve it for it was off in the future perhaps even beyond our life times. Well on all points we were mistaken. Citizens cannot wait for politicians to figure it out, for they are simply rewarding their friends and trying to stay in power. The cycle will be broken when the citizens insist on a different order.
That may not sound startling, but consider the four predictors often cited by political scientists, pollsters and presidential historians: If unemployment at the time of the election is above 7 percent, incumbents supposedly don’t win. If presidents’ job approval numbers are below 50 percent, one term is a good bet. If Americans’ personal incomes are declining at the time they fill out their ballots, they vote their wallets, which is bad news for the current office holders. And when a majority of the electorate believes the country is headed in the wrong direction, sitting presidents don’t prosper on Election Day.
Yet, recent polls suggest the electoral math, voter demographics and Mitt Romney’s challenges as a candidate could align to keep Obama in the White House despite a limping economy -- thereby defying the dark portents served up during previous presidential elections.
One of the oddities of 2012 has been the electorate’s assessment about how the economy got into this mess, who’s to blame, and who has the best chance to fix it. Americans say unemployment has remained high in part because fighting in Washington has blocked legislative action. In addition, they’re more apt to blame “Congress” than the president. And while assigning blame, majorities consistently say George W. Bush is responsible for the current state of the economy, rather than Obama. All of that might indicate that the president is sporting some custom-made Teflon.