The Economy is officially the number one issue on the minds of Americans given the new record price of oil today and other negative economic indicators. Analysts also point out, rightly so that it is the current party that takes the blame for a bad economy. John McCain is running for that party at the moment and he is going to have a hard time justifying current GOP policies that have not done any good for the American economy. Deregulation has allowed American companies to take advantage of the system to “cook the books” and create the current sub-prime crisis that sparked the global economic downturn. The Iraq war continues to cost the American people and future generations of Americans more money that they do not have. Tax cuts to the oil companies have done nothing to prevent the price of oil increasing to $145.44 cents as of today. Companies deserve a certain measure of freedom but you let a dog run free and you can guarantee he is going to do some damage.
A recent Gallup poll show’s the negativity of each state with regards to the Economy:
This poll clearly indicates how important the economy is to the entire of the United States and the Gallup methodology is as sound as ever conducting a proportional amount of interviews with the States population. This news is the golden egg for Senator Obama because like I suggested above; Senator McCain is going to have a hard time explaining how his economic policies are going to change the economy. Conducting a quick calculation in terms of electoral votes, Senator McCain retains a total of 72 electoral votes based on every state with a negativity score of 55% or less. This would mean a decisive victory for Senator Obama in the most optimistic scenario but a victory none the less in the most pessimistic scenario.
The task for the McCain campaign is to craft an effective economic strategy that veers away from the current GOP set of policies but not so far that Senator McCain distances himself from the Republican base. That isn’t going to happen given this his lack of knowledge on economic issues:
July 03 2008 10:11 pm | American Politics