Does the Downgrade end Obama's reelection chances?

[NHI]

Thoughts?

[Verily]

If it does anything (and it doesn't seem like it will), it helps his reelection chances as the stated justification for the downgrade was entirely the intransigence of the Republican Party and nothing to do with Obama. But it won't have much, if any, impact.

They basically came out and said that tax increases were necessary, after all.

[Fmr President & Senator Polnut]

I don't think it has much effect - but I agree with Verily here, the S&P downgrade is because of the impact of the ridiculous GOP demands which made no economic sense.

[Paul Kemp]

You're overestimating the public's memory.

[Bull Moose Base]

The downgrade itself no.  The potential effects of it increase his chances of winning a landslide while having 10% approval.  But hopefully it will have no effect but ending S&P's credibility.

[Yelnoc]

The downgrade itself no.  The potential effects of it increase his chances of winning a landslide while having 10% approval.  But hopefully it will have no effect but ending S&P's credibility.

Why would it end S&P's credibility?  A cut in America's credit rating was long overdue.

[Bandit3 the Worker]

It doesn't end his chances, because everybody knows it's mostly the Republicans' fault.

[J. J.]

The downgrade itself no.  

Agreed

You must be logged in to read this quote.

You have it backward.  The increasingly likely Obama recession could lead to something looking like Jimmy Carter's re-election results.  This is but a symptom that the county needs a change and Obamanomics wasn't it.

It is not a question of the county being in bad shape in 2012; it is a question of the county being in worse shape than it was in 2008.

[Yelnoc]

The downgrade itself no.  

Agreed

You must be logged in to read this quote.

You have it backward.  The increasingly likely Obama recession could lead to something looking like Jimmy Carter's re-election results.  This is but a symptom that the county needs a change and Obamanomics wasn't it.

It is not a question of the county being in bad shape in 2012; it is a question of the county being in worse shape than it was in 2008.

What are Obamanomics?

[minionofmidas]

The downgrade itself no.  The potential effects of it increase his chances of winning a landslide while having 10% approval.  But hopefully it will have no effect but ending S&P's credibility.

If anything, it was inevitable if S&P hopes to retain any credibility.

I don't think it has much effect - but I agree with Verily here, the S&P downgrade is because of the impact of the ridiculous GOP demands which made no economic sense.

No, because the President gave in to ridiculous demands. Let's not forget that.

The downgrade itself no.  

Agreed

You must be logged in to read this quote.

You have it backward.  The increasingly likely Obama recession could lead to something looking like Jimmy Carter's re-election results.  This is but a symptom that the county needs a change and Obamanomics wasn't it.

It is not a question of the county being in bad shape in 2012; it is a question of the county being in worse shape than it was in 2008.

I've caught myself thinking it may be costing the entire world very, very dearly that the 2010 US Presidential Election was held two years too soon.

[minionofmidas]

The downgrade itself no.  

Agreed

You must be logged in to read this quote.

You have it backward.  The increasingly likely Obama recession could lead to something looking like Jimmy Carter's re-election results.  This is but a symptom that the county needs a change and Obamanomics wasn't it.

It is not a question of the county being in bad shape in 2012; it is a question of the county being in worse shape than it was in 2008.

What are Obamanomics?

The Bush Stimulus that Obama made the (what may have been a) tactical mistake of endorsing.

[Jacobtm]

Totally depends how they play it. Each side will blame the other.

Raising the debt ceiling was never an issue in the past, Republicans made it an issue this time and demanded unreasonable spending cuts during a time when we need more stimulus to help the economy recover.

You must be logged in to read this quote.

[J. J.]

The downgrade itself no.  

Agreed

You must be logged in to read this quote.

You have it backward.  The increasingly likely Obama recession could lead to something looking like Jimmy Carter's re-election results.  This is but a symptom that the county needs a change and Obamanomics wasn't it.

It is not a question of the county being in bad shape in 2012; it is a question of the county being in worse shape than it was in 2008.

What are Obamanomics?

The Bush Stimulus that Obama made the (what may have been a) tactical mistake of endorsing.

It was Obama's strong support that passed the stimulus.  It increased debt, and had virtually no long term positive effect on the economy.  The Democrats had two years to look at method to reduce debt, and increase revenue; they did nothing, except increase spending and ultimately, this year, blocking revenue increases.

This was probably a strategic mistake for which the Democrats may be paying for for the next 30 years.

[Penelope]

The downgrade itself no.  

Agreed

You must be logged in to read this quote.

You have it backward.  The increasingly likely Obama recession could lead to something looking like Jimmy Carter's re-election results.  This is but a symptom that the county needs a change and Obamanomics wasn't it.

It is not a question of the county being in bad shape in 2012; it is a question of the county being in worse shape than it was in 2008.

What are Obamanomics?

The Bush Stimulus that Obama made the (what may have been a) tactical mistake of endorsing.

It was Obama's strong support that passed the stimulus.  It increased debt, and had virtually no long term positive effect on the economy.  The Democrats had two years to look at method to reduce debt, and increase revenue; they did nothing, except increase spending and ultimately, this year, blocking revenue increases.

This was probably a strategic mistake for which the Democrats may be paying for for the next 30 years.

Wait, weren't you the guy who predicted that a Republican would win in 2008?

[GLPman]

With this GOP field? Probably not.

[exopolitician]

It effects everyone, but this is the perfect opportunity for the President to ding the Tea Party freshmen on their selfish agenda to unseat him at the expense of tanking the economy.

[specific_name]

Even if he's blamed for it, which doesn't seem to be the case, I don't think it matters too much. A lot more bad news is coming in the next few months, depending on how the chips fall. The decisive point of crisis is yet to come.

[NVGonzalez]

If anything it slightly raises Obama's floor. Nothing else though especially considering the electorate's memory

[t_host1]

 No, it has been already established that the report was a campaign position paper forwarded to S & P. It helps the if reelected Obama state that the problems he's inheriting were of his previous administration.

a _troll

[milhouse24]

It will hurt him as a campaign slogan from opponents who will paint him as Economically inept.

But Obama can try to come out on top by blaming the GOP Congress, but for some reason, he's had difficulty with his message since January 2009.  He was a good one-note campaigner in 2008 - "Change, Change, Hope, Hope" - but the past few network-breaking speeches seem to be whiny.  

I don't think he can recapture that "message magic" because he is no longer the insurgent, but the establishment.  The Tea Party has become the government insurgents.  

[Bandit3 the Worker]

I don't think he can recapture that "message magic" because he is no longer the insurgent, but the establishment.  The Tea Party has become the government insurgents.  

The Tea Party is and always was the establishment. They're bankrolled by the Koch brothers.

Besides, the Tea Party just reached record low approval ratings.

[Likely Voter]

Partisans on both sides will blame the other but they were already going to vote they way they were going to vote. To the extent that they are paying attention, blame for independents will depend on who sells their argument best. Polling has shown that independents mostly supported the Obama "balanced" approach to dealing with the debt issue so Obama has an advantage, but GOP are good at selling a message.

However, by election time this will be Obama's economy and so if this has an ugly interest spike that hits real people, all incumbents (including Obama) will get the blame.

I would not be surprised to see a Republican win the white house and the Dems get the House back.

[I spent the winter writing songs about getting better]

The downgrade itself no.  

Agreed

You must be logged in to read this quote.

You have it backward.  The increasingly likely Obama recession could lead to something looking like Jimmy Carter's re-election results.  This is but a symptom that the county needs a change and Obamanomics wasn't it.

It is not a question of the county being in bad shape in 2012; it is a question of the county being in worse shape than it was in 2008.

What are Obamanomics?

The Bush Stimulus that Obama made the (what may have been a) tactical mistake of endorsing.

It was Obama's strong support that passed the stimulus.  It increased debt, and had virtually no long term positive effect on the economy.  The Democrats had two years to look at method to reduce debt, and increase revenue; they did nothing, except increase spending and ultimately, this year, blocking revenue increases.

This was probably a strategic mistake for which the Democrats may be paying for for the next 30 years.

Wait, weren't you the guy who predicted that a Republican would win in 2008?

He insisted that the Bradley Effect meant that the polls didn't matter and Obama would lose.

[memphis]

The downgrade itself no.  

Agreed

You must be logged in to read this quote.

You have it backward.  The increasingly likely Obama recession could lead to something looking like Jimmy Carter's re-election results.  This is but a symptom that the county needs a change and Obamanomics wasn't it.

It is not a question of the county being in bad shape in 2012; it is a question of the county being in worse shape than it was in 2008.

What are Obamanomics?

The Bush Stimulus that Obama made the (what may have been a) tactical mistake of endorsing.

It was Obama's strong support that passed the stimulus.  It increased debt, and had virtually no long term positive effect on the economy.  The Democrats had two years to look at method to reduce debt, and increase revenue; they did nothing, except increase spending and ultimately, this year, blocking revenue increases.

This was probably a strategic mistake for which the Democrats may be paying for for the next 30 years.

Wait, weren't you the guy who predicted that a Republican would win in 2008?

He insisted that the Bradley Effect meant that the polls didn't matter and Obama would lose.

Sweet Sarah Palin was suposed to get a huge sympathy vote as well.

[J. J.]

The downgrade itself no.  

Agreed

You must be logged in to read this quote.

You have it backward.  The increasingly likely Obama recession could lead to something looking like Jimmy Carter's re-election results.  This is but a symptom that the county needs a change and Obamanomics wasn't it.

It is not a question of the county being in bad shape in 2012; it is a question of the county being in worse shape than it was in 2008.

What are Obamanomics?

The Bush Stimulus that Obama made the (what may have been a) tactical mistake of endorsing.

It was Obama's strong support that passed the stimulus.  It increased debt, and had virtually no long term positive effect on the economy.  The Democrats had two years to look at method to reduce debt, and increase revenue; they did nothing, except increase spending and ultimately, this year, blocking revenue increases.

This was probably a strategic mistake for which the Democrats may be paying for for the next 30 years.

Wait, weren't you the guy who predicted that a Republican would win in 2008?

Yes, barely, followed by very hard economic times, the "deluge." 

Welcome to the deluge.