The failure of German chancellor Angela Merkel’s party in a major state election Sunday is another reminder to Democrats of a fundamental reality of politics — in recessions, voters tend to punish the party in charge.
Americans tend to think of their politics as being a thing unto itself — not related to contests elsewhere in the world. But the economic crisis that began in 2008 swept through all the major, developed market economies, and the political waves that have washed through their elections follow a similar pattern.
It wouldn’t be the Times without a little wishful thinking:
Obama and his advisers do have counter-arguments, of course. A substantial percentage of voters continue to blame former president George W. Bush, not Obama, for the country’s economic troubles. And a major theme of Obama’s campaign lately has been that Romney’s policies, far from providing new leadership, would simply mark a return to Bush’s policies. That argument could help Obama retain his job this fall — currently he leads narrowly in most polls — but if he does so, he will have bucked a worldwide trend.
Pretty weak tea for an endorsement of Obama’s chances. I thought they were misreading the true message. I’m beginning to see signs that this might just be Mitt’s election to lose.
I am the…Donk Whisperer…ba da da dum…