Ben Treece: Barack Hussein W. BushWritten by Ben Treece | | firstname.lastname@example.org
In the eight years that he occupied office, George W. Bush saw his approval ratings skyrocket up to 90 percent post-Sept. 11, 2001 and tumble to as low as 25 percent on three separate occasions (www.gallup.com). His presidency was not praised for handling the deadliest terror attack ever executed on U.S. soil, or the passing of Sarbanes Oxley in response to Enron, WorldComm and Tyco frauds. Instead, Bush was ridiculed by the media for public gaffes, a cabinet lacking intelligence and involving the U.S. in two wars without any evidence of WMDs or an exit strategy.
Americans had finally had enough. Liberals wanted Bush out long before the 2008 election and conservatives were eager for his exit following the frivolous spending policies that plagued the end of his second term. The public disdain for Bush presented the perfect opportunity for the Democrats to sponsor the most progressive candidate to occupy the Oval Office since Jimmy Carter.
Liberals, democrats, progressives and the like immediately fell in love with Barack Obama. His smooth talk, charming personality and technical savvy provided the feel-good vibe a candidate needs to win undecided voters, and he quickly became the “popular choice.” Cries from the Right that he was unqualified and lacked any real experience went unheard and Obama quickly found himself president.
Almost two and a half years later, Obama’s presidency has lacked any form of leadership and common sense, but why has the media tried so hard to ignore this? Sure, you hear the usual suspects speaking out — Rush, Glenn, Bill, Anne, etc. — but constituents are not nearly as fed up with Obama as they were with Bush, judging by his 45 percent job approval rating. Do the numbers reflect the job he’s done?
Environment: Bush had Hurricane Katrina, Obama had the BP oil spill. Both were handled quite poorly.
Military: Bush led the U.S. in to war with Afghanistan and soon after Iraq. Obama failed to withdraw troops in the manner that he claimed he would and helped spark an offensive in Libya.
Economy: Bush approved massive spending increases in his second term which had little to no effect on the economy. Obama continued this flawed policy of tax and spend (and then some) with no different outcome.
Public Gaffes: Bush made several foolish comments during press interviews. Obama compared his bowling skills to that of a man in the Special Olympics on Jay Leno and received a pass from the oh-so-forgiving media.
Throw a shoe at Obama and we have an identical presidency.
Those who support a political candidate and their values are reluctant to change their opinion overnight. It took conservatives several months to take notice of Bush’s faulty economic policy. I have recognized these similarities during the past few months, but finally others are beginning to take notice. Michael Moore recently demanded Obama return his Nobel Peace Prize and Minister Louis Farrakhan recently asked Obama, “Who the hell do you think you are?” on his radio show, both comments in response to Obama’s policy in Libya.
The time is coming and citizens are starting to take notice. It would not surprise me in the least to see Obama’s approval ratings drop at least 10 percent by the end of his term, especially with the way his administration has handled (or failed to) this jobless recovery. I would be shocked if his party allows him to run for a second term. The Democrats are not stupid; they know that dissatisfied voters sway elections. Angry Democrats helped elect Reagan over Carter and frustrated Republicans helped elect Clinton to his first term over H.W. Bush.
Only two things are certain right now; Republicans are going to work hard to find a respectable, electable candidate to take control of the White House in 2012, and Obama’s publicist is going to be earning his paycheck in the coming months.
Ben Treece is a discretionary money manager with Treece Investment Advisory Corp and a stockbroker for Treece Financial Services Corp licensed with FINRA.