Post: November 2, 2011 Vol. IV, No. 29
“I have great respect for each of you individually. But collectively, I am worried that you are going to fail … fail the country.”
Erskine Bowles, speaking to Congressional Super Committee, November 1, 2011
Updated Forecasts of Likely Winners: U.S. President
On Labor Day, September 2, 2011, I published forecasts for the likely winners of the 2012 campaigns for U.S. President, including the GOP Presidential Nominee. Here are updates:
U.S. President UPDATE 11/2/2011: Obama wins
- Today’s Real Clear Politics polling average: Obama at 45% approval; 49.6% disapproval.
- Today, Gallup polling average has Obama’s job approval at 45%, with 48% disapproving.
- If Obama’s job approval is only 5 points from a winning 50% approval rating during worldwide economic turmoil and high dissatisfaction and uncertainty at home, then any sustained measure of growth in jobs/economy will restore his political viability.
- Today’s Public Policy Polling release shows Obama’s job approval in NC the same as the national figures: 45% approve; 50% disapprove.
- The PPP poll shows Obama virtually tied in North Carolina with Romney, and 3 to 8 points ahead of all other GOP contenders.
Running Against “Obstructionist” Republicans May Not be Enough
Although President Obama will continue to run with some success against “obstructionist” Republicans in Congress, that strategy alone will not likely be enough to restore the confidence of Americans in his ability to lead the nation out of an economic crisis.
Despite the fact that Congressional job approval is at a dismal average of 12.7% per Real Clear Politics; 82.3% disapprove, the winning presidential ticket will be the one the voters see as most likely to deal most effectively with the great needs of the day: jobs and economic growth, the debt and deficit crisis, and, most importantly, the new normal of global competitiveness.
If you think about the backgrounds of President Obama and Vice President Biden, there is very little that would give Americans confidence that they are the most capable among governmental leaders to deal with jobs and economic growth, the debt and deficit crisis, and, most importantly, the new normal of global competitiveness.
Romney-Gingrich Ticket a Serious Threat to Obama-Biden
A Romney-Gingrich ticket would be real threat to the Obama-Biden ticket because Romney has been in the private sector his entire life, with good success. Clearly he can make the better argument with Republicans, Tea Party conservatives and undecided Independent voters that he has the best credentials to deal with jobs and economic growth, the debt and deficit crisis, and, the new normal of global competitiveness.
So, what is Obama to do next year if he is losing the debate over who is most competent to deal with the great economic problems of the day? He has no choice but to balance the Democratic ticket with someone who brings business experience and sound fiscal management to the table.
Erskine Bowles is that someone.
Yesterday, Erskine Bowles told the Congressional Super Committee, “I have great respect for each of you individually. But collectively, I am worried that you are going to fail … fail the country.” That’s the kind of no-nonsense straight forward commentary the people of America want to hear someone say to elected officials.
If Obama is losing ground next year and needs to strengthen the ticket with someone who has the best credentials to deal with jobs and economic growth, the debt and deficit crisis, and, the new normal of global competitiveness, there could not be a better choice than Bowles.
- Life-long successful businessman with MBA from Columbia
- Served on the board of many respected companies like GM, Morgan Stanley and Facebook
- Head of the U.S. Small Business Administration under President Clinton
- Chief of Staff to President Clinton during longest period of economic expansion in U.S. History
- Key negotiator on behalf of Clinton in the successful bipartisan talks that led to a balanced budget
- Headed a task force under Gov. Hunt on rural economic prosperity
- President of the University of North Carolina System 2006-2010
- Co-chair of President Obama’s National Commission on Fiscal Responsibility and Reform
Just in case an Obama-Bowles ticket comes together, here is a bumper sticker for them to consider:
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John N. Davis, Editor
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