|President Ronald W. Reagan|
The country probably wasn’t buying either speech that much, because President Reagan’s Republican Party dropped thirty plus seats in the House in 1982. And I don’t know how they managed hang on to the Senate. (Maybe that’s a future blog) And President Obama’s Democratic Party dropped sixty-two seats in the House in 2010. Both Presidents inherited awful economy’s big reason why they were elected President. The economy’s so bad that it wasn’t until late 1983, that the economy began to take off again. With high economic growth and a falling unemployment rate. A big reason why President Reagan was reelected in a landslide. And in President Obama’s case it may be four years before the economy takes off again, Economic growth picked up in the third quarter, but President Obama will probably have to get reelected in 2012 to see the economy take off under his watch. And be able to get credit for it which of course at this point is no guarantee.
I believe one of the reasons why Barack Obama respects, or admirers however you want to put it quotes from Ronald Reagan is because the situations that both faced when they became President. And their first terms were both pretty rough. Both had low approval ratings, both got whipped in their first mid-term and both were considered one-term President’s. But President Reagan of course was reelected in a landslide in 1984. Senate Republicans held the Senate and lets see what happens in 2012. But the best thing that President Obama has going for him and it has almost nothing to do with him except for how President Obama looks compared with his competition, or as I would call it lack of competition.
When a talk show host with no political experience as far as running for public office, up until now is considered the frontrunner and tied with the guy who should be the frontrunner and reminds me of George H.W. Bush in Mitt Romney. But we’ll see how it works out. 2012 may be one of those typical presidential elections where the President is defeated, because of a bad economy. Or untypical and gets reelected in a bad economy, like in 1936, or 1940 with FDR. History is critical and important obviously because it allows us to see where we have been. What was done in the past and when similar situations come up in the future like today. Compared with 1981-82, we can see what was done in the past and if that worked, or not. And if that should be done now to try to solve similar problems.