Monday, April 04, 2011

Obama Likely to Announce Reelection Bid, while Democrats Believe they Can Win Back the House – Polls of Yester Year

According to Politico: Democrats are targeting certain freshmen Republican Congressional Office holders, who had won districts, that formerly were won by both Obama and Kerry back in 2008 and 2004 respectively. This assumes that these individuals will be a) easy to pick off, and b) that the Democrat brand has recovered. If one subscribes to what one reads in the daily papers, and/or stays strictly tuned to MSNBC, that scenario does appear valid; however, otherwise, it appears to be wishful thinking. It is apparent, of course, that in the face of so many offices being up for grabs in 2012 (all Congressional Office holders are up for reelection and a bevy of Senator), with the race for the Presidency being the highlight that all eyes on the big prize, might allow for a few to slip through the proverbial cracks back in to the “D” column. That remains to be seen.

As to the Office of the Presidency, Obama is said to be gearing up to announce his reelection this Monday morning, with a video on his website , BarackObama.com (see Video Below) (Politico). According to the AP, the plan: is to brand himself as “a reformer”. Seriously, the upbeat AP article points out the fact that few Republican’s have entered the race against the President (other than Tim Pawlenty), the balance are looking at late June to decide – therefore, despite all odds, should no GOP heavyweights get into the race, Obama stands a fairly good chance. After all, there was that slight uptick in the Unemployment numbers, out of so many issues, that is the one saving grace for this particular President.

Apparently, Polls are of no concern.(nor do they paint the entire picture, see Carter)

Rasmussen April 3rd: 26% approve, 46% disapprove of Obama’s Job Performance.

Gallup45% Approve, 47% Disapprove (Gallup is generally conservative - not politically rather mathematically), They also had this recent gem Huckabee, who has yet to make a decision to run or not to run, as well as Mitt Romney who is more vocal, yet not officially announced) both statically tie Obama in a hypothetical matchup.

Quinnipiac (University –can run left of center), Obama on deserving a second term: 49% no, 43% yes

The above numbers should either improve or degrade entirely through the coming months leading up to the end of 2011 and the announcements by those GOP possible Presidential contenders who are keeping every political junkie in suspense. There is that 5 trillion pound gorilla in the room: specifically the rising cost of gas at the pump, inflation hitting food, and the kicker: the Fed is said to be considering raising interest rates.

When the dollar is devalued as it is, and inflation has struck and it has, a rise in interest rates causes “hyper inflation”, the more companies have to invest, either in fuel and or loans (assuming there are available) theses costs are passed onto the consumer. Historically, this is what occurred during the last year of the Carter administration – His poll numbers, historically, were at about the same level as the current presidents at this time. (Source: Calary Herald via Google Newspapers Carter enjoyed a 40 plus approval rating in March, which fell to the 30’s immediately following based on the economy.

Additionally, Carter polled fairly well against “Challengers”, in the Gallup Poll in 12/79 - Carter had the command with a 60 to 36 percent lead over Ronald Reagan. The rest, as we say, is history.







Obama's Video Announcement from Relying on his Base

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