Meltdown on Main Street: Why Obama Will Lose the 2012 Election … These Numbers Tell His Fate.
“It’s the economy, stupid.”
That is the exact phrase widely used during Bill Clinton’s successful 1992 presidential campaign against George H.W. Bush . . . and it worked.
It isn’t the way things should be. It is just the way they are.
It doesn’t matter if the state of the economy is the result of actions taken by the current president or not. The election all comes down to money . . . that is to say, how much money is sitting in the pockets of the 300 million voters.
http://www.moneynews.com/StreetTalk/meltdown-on-main-street/2011/11/30/id/419522
Consider this: Jimmy Carter and George Bush Sr. are the only two presidents over the last 30 years that have not been granted a second term. Both were damned with a dismal economy on Election Day.
Obama will be next, unless things change.
America’s economy is in a meltdown. Unemployment remains historically high (over 9%) with just 58% of working-age Americans in the labor force (lowest since 1983).
Home owners have been slapped with ever-lowering prices (down 33% in the last five years).
And the stock markets violent swings have scratched off the wishful retirement plans for many baby boomers.
“That kind of economic data amount to a formidable headwind for any incumbent president hoping for a second term,” writes Karen Tumulty of the Washington Post. “And Democrats are worried that time could be running out to change the direction of the gale.”
It is undeniable at this point. There is a meltdown on Main Street, and its coming to a head for middle-class America.
And now Americans are taking matters into their own hands in order to overcome this meltdown.
Newsmax Media recently put together a gripping video titled Meltdown on Main Street to expose how bad middle-class Americans really have it.
The broadcast features Robert Wiedemer, author of the New York Times best-selling book “Aftershock” and Tom Hutchinson, a former UBS Wall Street insider who goes uncensored and “tells all.”
Hundreds of thousands tuned in to watch the premiere showing. Viewers like Jean Bowlen who said, “Meltdown on Main Street should be required viewing for everyone in America.”
And Leon Mandipe from Mantua, N.J., who added, “Thanks to Meltdown on Main Street my fiscal and economic jitters are transformed to awareness, preparedness, and empowerment.”
Jack Hubbard from Gig Harbor, Wash., confessed, “Meltdown on Main Street was my wake up. I have known our nation was in deep trouble for some time, but I was stuck …”
Commenting on Meltdown on Main Street’s success, Hutchinson said, “I literally received 176 emails this morning from viewers commenting on Meltdown on Main Street. I have been told ‘This is the video that will get Obama fired.’ Of course, that isn’t my intention. However, it is clear that do-nothing Washington needs to do something.”
Obama can campaign all he wants to win voters confidence before Nov. 6, but unless the economy drastically recovers from this meltdown, Obama will likely be the next person on the unemployed list.
Republican hopefuls are already pouncing on the “it’s the economy, stupid” concept. Mitt Romney claimed, “When you see what this president has done to the economy in just three years, you know why America doesn’t want to find out what he can do in eight.”
While our politicians fight it out, it is time for middle-class Americans to take their financial future into their own hands.
