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Sunday, June 12, 2011

Economy, Politics, and Patience

Economic problems continue to cast a shadow on the president's reelection prospects. The Monroe News-Star features an op-ed on the topic by Kevin A. Unter, assistant professor of political science and head of the department of Gerontology, Sociology and Political Science at the University of Louisiana at Monroe.

Presidential campaigns are defined by phrases, none so more than "Hope and Change." In 1992, James Carville came up with the slogan "It's the Economy Stupid" for Bill Clinton's campaign. It worked, and Clinton went on to defeat the incumbent George H.W. Bush. This little history lesson is important because a similar slogan is going to define this next presidential election: "Fix the Economy Stupid!" See, it's more of a command than an actual reminder that the economy is horrible, and only getting worse.

In his weekly radio address, the president said: "I wish I could tell you there was a quick fix to our economic problems. But the truth is, we didn’t get into this mess overnight, and we won’t get out of it overnight. It’s going to take time."

Presidents Ford and Carter used similar language: