How would you fix the economy and budget issues?

[Schneed10]

Originally Posted by 12thMan

And I gotta say the idea that there's some magic unemployment number that will sink President Obama's chances of getting re-elected is nonsense. It's going to be hard no matter what. But it's going to much more difficult, in my opinion, for the GOP nominee to convince the American people that things would have been appreciably better under his/her stewardship. Obama sucks. Obama failed, Obama's a socialist ain't gonna fly in a general election.

So I wouldn't hang my hat on every little economic indicator, poll, statistic, or whatever in an attempt to gauge the president's re-election prospects. INo doubt the economy will be the main issue, but t's going to be a tough slog either way.

I agree with this.

The real interesting thing coming out of this debt ceiling debate is that spending cuts are coming as a result. A lot of spending cuts, reportedly $1.0 trillion being discussed so far, with the Republicans pushing for more.

When the specifics come out as to what programs are being axed, the Republicans are going to be challenged to defend their stance that the wealthy should not keep certain tax breaks and deductions. Americans don't have a good feel for what $1.0 trillion in cuts really means. When they hear the specifics and realize that programs they rely on are taking a hit, it will then be on the republicans to explain why the rich should keep their hedge fund tax deductions while education funding, for example, has to take a hit.

Obama will have plenty of ammo to fire back with.