McCain.......the Hoover effect?? (user search)
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  McCain.......the Hoover effect?? (search mode)
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Author Topic: McCain.......the Hoover effect??  (Read 2889 times)
Democratic Hawk
LucysBeau
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Posts: 14,703
United Kingdom


Political Matrix
E: -2.58, S: 2.43

« on: March 28, 2008, 02:16:10 PM »

If the economy goes into recession and voters become increasingly socio-economically insecure, than it is only just that the candidate (McCain) of the incumbent party (Republican) takes the electoral consequences

Bush is the incumbent Republican president. He's the 'Captain of the Ship', who has set the course, primarily with the backing of his party in Congress, these past seven years

Dave
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Democratic Hawk
LucysBeau
Atlas Icon
*****
Posts: 14,703
United Kingdom


Political Matrix
E: -2.58, S: 2.43

« Reply #1 on: March 29, 2008, 02:48:31 PM »

If the economy goes into recession and voters become increasingly socio-economically insecure, than it is only just that the candidate (McCain) of the incumbent party (Republican) takes the electoral consequences

Bush is the incumbent Republican president. He's the 'Captain of the Ship', who has set the course, primarily with the backing of his party in Congress, these past seven years

Dave

"just" Yeah, I'm sure you'd say that if we had an incumbent Democratic president. So, if the economy is not doing well every member of the party holding the position of chief of state should be voted out, in the name of justice, right? For instance, if Britain would enter a recession every Labour politician in every position would deserve not to be elected? Or are you maybe being hypocritical?

Not at all, if Labour lose the next general election then they will have deserved to do so. I, myself, right now, am pretty disillusioned with a government that I increasingly perceive as being out of touch, incompetent and limping along a slow painful death to defeat, but I need to see a Conservative government in operation before I can even begin to reappraise them. Politically, my formative years were the 1980s and I don't recall them with fondness

Whether a wider UK recession is on the cards I don't know, but I'd like to think that Labour can stear the UK through with minimal socio-economic trauma

As for America, after eight years of Bush, I'm just firmly of the conviction that it is time for a change of direction. McCain may Smiley or may not Sad deliver that, which is why I'm not hedging

Dave
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Democratic Hawk
LucysBeau
Atlas Icon
*****
Posts: 14,703
United Kingdom


Political Matrix
E: -2.58, S: 2.43

« Reply #2 on: March 29, 2008, 03:00:33 PM »

^^ You should check the opinion polls since the Northern Rock fiasco to find your answer.

Now that was a fall-out from the credit crunch, something which, ultimately, originated following a loss of confidence in the US sub-prime mortgage market.

True the rules in place made it worse. It's something which could have been avoided had the Bank of England not been required to release details of Northern Rock requiring their assistance as 'lender of the last resort'. That caused the run on the bank

Dave
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