“The people have spoken and they have spoken clearly.” Senator McCain said as he delivered his best speech of the campaign in conceding the election. Senator Obama gave yet another great speech in announcing and accepting his victory. I suppose I could be angry that my guy didn’t win, but I don’t think that will do me, or us, any good.
Besides the obvious historical implications, Obama will inherit a Presidency unlike any other in any of our life times. It seems that every other generation or so our nation undergoes a major crisis and a subsequent political shift. We are watching that happen again now. Our economy is at an epic low not seen since the Great Depression. We will now find out whether President Obama will be the great uniter that he has claimed he will be or the far left leaning ideologue that his voting record indicates.
I believe the war in Iraq will be all but over by the time Obama is sworn in and he will be, basically, locked into following General Petraeus in completing the agenda there. I have big concerns about how the new president will handle Iran and further attempts by terrorists to destroy out nation. It is clear that President Bush made some errors in our relations with other nations and it may well be possible for Obama to create a better environment for dialogue with them.
Domestically, I am fearful of the increase in taxes I think it will take to pay for the programs that Obama would like to put in place and I don’t trust anything Joe Biden says at all. Biden has already suggested that Obama’s $250,000 lower limit for tax increases may have to come down to $150,000. I think that it may come lower than that and it will cause problems for an already struggling economy. On the other hand, Asian markets are already opening up and I believe the rest of the world will follow suit, even if only temporarily. We will have to wait and see if President Obama’s policies will save the economy or sink it further into oblivion, but I believe that we will see improved consumer confidence, at least through inauguration and probably into Spring.
One thing that is certain is that Barack Obama is extremely intelligent and an excellent communicator. If anyone is able to unite people together for the good of the nation, I think he can. I am not yet convinced that he will. I am afraid that with the democrat controlled Congress and the number of extreme left leaders we now have in office combined with Obama as president, that we may move sharply towards socialism.
Truth be told, nothing would make me happier than to have such prosperous times for the next 4 years that I would want to re-elect President Obama. I can’t see that far just yet.