'It's the Economy, Stupid!'
This was the motto of President Bill Clinton's successful campaign in 1992. The President's chief strategist James Carville put up these words all over his war room and had his campaign staff dwell on the poor state of the economy and drove home the fact that the incumbent President George H.W. Bush was out of touch with the reality and his administration needed to go. As Wolf Blitzer rightly pointed out last week in this election year we will hear the echoes of 1992 a lot.
The economy has always been a pivotal factor in deciding elections and 2008 will be no different. We are a nation at war but no doubt, the state of the economy will be the issue # 1.
Sen. Bob Dole, the Republican Presidential nominee in 1996 told Larry King that he received a letter from former President Richard Nixon that said that if the economy continues to be good there is no chance for him to win the election. Similarly, I wish someone writes a letter to Sen. John McCain and tells him that if the economy continues to be bad it will be really difficult for him to win.
Obviously, the Democrats will have to first pick a nominee and once they do that they will simply have to employ the same strategy as they did in 1992. They will need to solely focus on the issue # 1 and beat up the Republicans real hard by getting deep into the nuances of the same.
I can guarantee you that there is no chance of beating Sen. McCain on the issues of national security or terrorism. His inexperience and apprehensiveness to talk about the economy is apparent. At every given opportunity he continues to talk only about Iraq, national security and foreign policy. Till date he has not given a single policy speech or offered real solutions to solve the current economic mess at home.
To me it appears that the issue # 1 could be his Achillies heel and perhaps the GOP's Waterloo.
Labels: US Elections