Will Obama Win Reelection in 2012?
With slightly over a year until the 2012 presidential elections, things are heating up. Many wonder if the Obama administrations main achievements (the 2009 stimulus package, healthcare bill, and financial reform bills) will override the nations high unemployment rate and increasing federal debt. These circumstances appear to give Republicans a good advantage over Obama. However, Obama does have several things in his favor. First and foremost, in the last century 12/17 incumbent presidents have won reelection. Furthermore, there is currently no obvious Republican frontrunner. In addition, Obama has a remarkable propensity to raise money, $750 million in the last election. Some experts have been speculating that he might successfully hit the $1 billion mark this time around.
The ultimate question remains whether the current economic climate will override historical odds and Obama’s achievements. What are your thoughts on the issue?
(Posted for Caroline by TJE)