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Panic Time at the White House?
Powerline Blog ^ | September 14, 2011 | Steven Hayward

Posted on 09/15/2011 2:56:13 AM PDT by lbryce

Most of the political prognosticators are focusing on whether Obama can be re-elected if the unemployment rate is still near 9 percent by election day next year, but most of the fancy quantitative political science models suggest that this is the wrong variable (or perhaps the dependent variable if you are into multiple regressions). Most of the models find that the most important economic factor is income growth. If incomes are falling, or growing very slowly, incumbents or the incumbent party usually loses. I’ll put in my caveat here that I’m a skeptic of these kind of quantitative political science models on several grounds, not least of which is that the sample size of presidential elections is just too small to call these model results definitive or statistically robust. But Democrats pointing to Reagan’s landslide re-election in 1984 amidst still high unemployment (still over 7.5 percent on election day) miss that personal income had been growing very fast for more than a year before the election in 1984.

Caveats noted, this morning’s Wall Street Journal brings multiple doses of horrible news for Obama and the Democrats on this front. The lead story is that household income has fallen to 1996 levels when adjusted for inflation. Some of the internal details of the story are even more worrisome: “Earnings of the typical man who works full-time year round fell, and are lower—adjusted for inflation—than in 1978.” So what does Obama want to do? Raise taxes of course.

Meanwhile, Republican Bob Turner won the special election to replace Anthony Weiner in the heavily Democratic district in New York City—the first time a Republican has won that seat in a century. Yet the chairwoman of the DNC, Debbie Wasserman-Schultz, gamely tried to shrug it off saying, “It’s a very difficult district for Democrats.”

(Excerpt) Read more at powerlineblog.com ...


TOPICS: Extended News; Government; News/Current Events
KEYWORDS: demonofhell; jamescarville; obama; obamanation; onetermpresident; panicof2011
It's taken a multitude of bad news events, economically debilitating mismanagement, woeful presidential ineptitude, but it seems the accumulated political detritus may have finally penetrated the collective psyche of the American people as they rise up to the occasion when the very existence of our great, grand republic is unquestionably in peril, doubt to galvanizing our resources, will, determination to vanquish, defeat the demonizing forces of evil, of Anti-Americanism, drive them out, back into the damnation, hell from whence they came.
1 posted on 09/15/2011 2:56:22 AM PDT by lbryce
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To: lbryce

My biggest concern is that it is my understanding that this next election will be based on 7 swing states. If the punk POTUS springs his $1B war chest on those 7 states, and enacts enough fraud and intimidation at urban polling sites, there may mot be much that we can do.


2 posted on 09/15/2011 3:00:33 AM PDT by catfish1957 (Hey algore...You'll have to pry the steering wheel of my 317 HP V8 truck from my cold dead hands)
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To: lbryce

Obama and the DEMS will SPEED up the Destruction Process now that Panic has set in.......although, I believe Obama thinks he’s INVINCIBLE!


3 posted on 09/15/2011 3:00:41 AM PDT by Ann Archy ( ABORTION...the HUMAN Sacrifice to the god of Convenience.)
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To: lbryce

Yeah. All the smoke and mirror bogus b.s. speeches will not save Humpty Dumpty nor put him back together again.


4 posted on 09/15/2011 3:00:51 AM PDT by sheikdetailfeather ("Kick The Communists Out Of Your Govt. And Don't Accept Their Goodies"-Yuri Bezmenov-KGB Defector)
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To: lbryce

Of course, first they have to convince Democrats they can win, and well, did anyone buy that ‘jobs bill’? Nope, not even the Democrat Majority in the Senate. Now they have to convince or discourage another Democrat from seeking the nomination.


5 posted on 09/15/2011 3:07:24 AM PDT by Son House (The Economic Boom Heard Around The World => TEA Party 2012)
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To: Ann Archy

“I believe Obama thinks he’s INVINCIBLE!”
_______________________________________________

Yes, narcissistic man child types never understand.

God only knows what will happen over the next 12 months, and he is not talking.


6 posted on 09/15/2011 3:11:07 AM PDT by AlexW
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To: catfish1957
"My biggest concern. . . . . . . . "

Relax, ain't gona happen.
ZERO is toast
I don't think he will carry one single State.
None, Nada, Zip

7 posted on 09/15/2011 3:12:52 AM PDT by DeaconRed (ZERO and his stupid minions: Like eating Grits without Salt.. . . . . . . .)
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To: lbryce

Let’s hope the feels last until 2012.


8 posted on 09/15/2011 3:13:33 AM PDT by Evergolightly
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To: AlexW

He giving us some big HINTS though!!


9 posted on 09/15/2011 3:15:54 AM PDT by Ann Archy ( ABORTION...the HUMAN Sacrifice to the god of Convenience.)
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To: Ann Archy

“He giving us some big HINTS though!!”
___________________________________________

Yes, that is what is dangerous with one like Obumbo.
They live in another world, so we do not know what he will do when forced into a corner.


10 posted on 09/15/2011 3:22:43 AM PDT by AlexW
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To: catfish1957

There is always something we can do - do not give up hope. Resist Tyranny.


11 posted on 09/15/2011 3:50:55 AM PDT by nolongerademocrat ("Before you ask G-d for something, first thank G-d for what you already have." B'rachot 30b)
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To: lbryce; AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; ...

If by “panic time” one means “chopping up the prescriptions and snorting them off the Resolute Desk”, then yeah. Thanks lbryce.


12 posted on 09/15/2011 3:55:22 AM PDT by SunkenCiv (It's never a bad time to FReep this link -- https://secure.freerepublic.com/donate/)
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To: lbryce

Everything you said is on the money....that is one heck of a sentence!


13 posted on 09/15/2011 3:55:55 AM PDT by Recon Dad ("Don't forget, incoming fire has the right of way..")
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To: Voter#537

He might carry his home state. Of course, Kenya has no electoral votes, yet.


14 posted on 09/15/2011 4:07:40 AM PDT by Former Proud Canadian (We .. have a purpose .. no longer to please every dictator with a vote at the UN. PM Harper)
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To: Recon Dad

Thanks for your very kind words.
Upon reading your comments, I said to myself, “Oh no! not another long-winded, one-sentenced post!” I always try to make sure not to post one-sentenced comments like the one I just did if only from a punctuation, grammatical point-of-view. It’s that I got all wrapped up in the intensity, emotionalism of what I wanted to convey, rush to get the article posted. :-) Thanks for pointing it out!


15 posted on 09/15/2011 4:20:00 AM PDT by lbryce (BHO:Satan's Evil Twin)
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To: lbryce

I do it every time I post. These are exciting times for us at FR.


16 posted on 09/15/2011 4:27:19 AM PDT by Recon Dad ("Don't forget, incoming fire has the right of way..")
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To: nolongerademocrat

Pray and TRUST God.


17 posted on 09/15/2011 4:35:08 AM PDT by Josephat
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To: lbryce
France loves us now and he won the Nobel peace prize. These are two very big achievements.

Don't count him out just because he's destroying our economy and security. There are more important things.

18 posted on 09/15/2011 4:47:39 AM PDT by PA-RIVER
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To: Former Proud Canadian

Kenyans may not have electoral votes, but they are here, living in public housing.... and playing golf.


19 posted on 09/15/2011 4:56:31 AM PDT by PA-RIVER
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To: lbryce

depends on how much vote fraud they can pull off, and how many are dependant on the gov’t for their monthly handouts


20 posted on 09/15/2011 5:43:35 AM PDT by tm61 (somewhere in chicago, a ward is missing it's crook)
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To: catfish1957
My biggest concern is that it is my understanding that this next election will be based on 7 swing states. If the punk POTUS springs his $1B war chest on those 7 states, and enacts enough fraud and intimidation at urban polling sites, there may not be much that we can do.

I think you are being much too optimistic.

Here are a few dots to put together:

1. The economy will be much worse.

2. Obama's FSA (Free "Stuff" Army) will be in much worse shape, and ready to take out their "grievances" on society.

3. Thanks to budget cuts and liberal politicians, law enforcement, especially in the cities, will have been cut back substantially. It's happening nationwide as we speak.

4. Obama will clearly be losing by next summer. He won't be "feeling the love".

All of the above points seem pretty likely, and lots more could have been added.

Now factor in Obama's raging case of narcissistic personality disorder. People with his problem will burn the house down in rage when faced with personal rejection on the scale Obama will be facing.

In Obama's case "burning the house down" will be as simple as calling his Free "Stuff" Army out into the streets. Think Greece on steroids. They will burn the cities down, and he will pour gasoline on the fire.

It will be a true "national emergency" the likes of which we have not seen in our lifetimes, and possibly not since the civil war. What happens then is anybody's guess...

21 posted on 09/15/2011 8:44:18 AM PDT by EternalHope (You can't make a deal with the Devil, or reach across the aisle to Obama.)
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