Euro elections are a warning to OBAMA

Discussion in 'Politics' started by Grandluxe, May 14, 2012.

    By David Lauter
    May 14, 2012, 3:00 a.m.

    Americans tend to think of their politics as being a thing unto itself — not related to contests elsewhere in the world. But the economic crisis that began in 2008 swept through all the major, developed market economies, and the political waves that have washed through their elections follow a similar pattern.

    Elsewhere in Europe, however, national leaders have fallen right and left.

    On the right, Merkel’s ally, French President Nicolas Sarkozy lost his reelection bid earlier this month to Socialist Francois Hollande.

    On the left, Britain’s Labor party, which had governed for 13 years, lost in 2010 to the Conservatives under David Cameron.

    Similarly, in Spain, the recession helped topple the socialist government in 2011.

    Governments have also fallen in Italy and Greece, among others.

    The swing voters in elections in most democracies tend to be non-ideological. When times are bad, they tend to agree with candidates who argue that the incumbent’s policies haven’t worked, let’s try something new.

    Right now, that’s the theme being put forward by the Republican candidate, Mitt Romney.
  2. Tsing Tao

    Tsing Tao

    Actually, I'd argue that what is happening in europe actually favors Obama's policies. The revolutions in Greece, France, Spain are all predicated on someone trying to take away entitlements of sorts. Obama knows (like we all do) that addicting a population on government handouts is the surest way to have democrats elected over and over and the republicans will be branded as the guys who will "take away all our shit".
  3. Krugman has been posting the errie similarities between today and the 1930's. One example is what's transpiring in Hungary: Political, social turmoil worries Hungary’s Jews

    Hungary's Jobbik:

    In the US the Tea Party would be more recognizable if only they would wear the armbands.