Tuesday, November 10, 2009
# Posted 5:51 PM by Ariel David Adesnik
SAM DONALDSON: ...[Reagan's] popularity went down to 37 percent, at one point. But guess what, we came out of that recession. Thanks to Paul Volcker, wringing out inflation the old-fashioned way, by jacking up interest race at the Fed. And it was morning in America again. So, I say to people, anyone who thinks that Barack Obama isn't kind of odds on, for re-election, must not think we're going to come out of this recession. Because of assuming we do, and I think, we are going to by 2012, it will be morning in America again.I don't really buy into the idea of a realignment in either 1980 or 2008. But that's another story. Just remember how bad things looked for Republicans after the 1982 elections. Remember that after the Democrats take a beating in 2012, and remember how fast things change.
Cross-posted at Conventional Folly (4) opinions -- Add your opinion
I think the better analogy, and also nearer in time, is Clinton. Reagan had principles and ideas that needed a little time to coalesce, whereas Obama is more the unfocused loose canon that Clinton was.
He has the inside track on reelection, but only because every first term president does. Whether he can really rescue his legacy depends on something else--whether he can transform himself after 2010 the way Clinton did after 1994.
My guess is no, he's too egotistical, too naive, and frankly not much of a politician (completely unjustified reputation notwithstanding).
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