Tuesday, September 13, 2011

President Perry? Look on the bright side!

Robert Kuttner in the Puffington Host:

So, barring a miracle, even if Obama is re-elected, the likelihood is for a generation of depressed economic potential, sour politics, and more voter disillusion with government. At worst, Obama could be the Democratic Herbert Hoover for not just one term but two.

Okay then, suppose Obama loses. If the Republicans win, President Rick Perry will almost certainly take a Republican House and Senate with him.

We can imagine intensified assaults on Social Security and Medicare, more moves to turn America into a theocracy, and the courts will be lost for a generation. More deregulation and privatization, too.

However -- nothing the Republicans say or do will improve the economy for regular people. An austerity program, even tempered by tax cuts, will only worsen the stagnation. More Americans will be reliant on a safety net the Republicans are shredding.

So, going into 2016, the Republicans will own an economy in protracted depression. And as opposition party, progressive Democrats will be full-throated, no longer in the awkward position of being upstaged by their centrist president.

Assuming the Republicans don't find a way to cancel the 2016 election, a Democrat would have a good shot at winning. And a progressive Democrat (if one can be found) would have a good chance at being nominated.
Blue skies! -- Dan Ford


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