NewMediaJournal: Politics and the Economy

NewMediaJournal: Politics and the Economy: The first thing to say about the topic of politics and today’s economy is that instead of educating the public about the nation’s fundamental economic problems, the bottom-line-obsessed major media devotes the lion's share of its time to endless speculation about the coming election.

But despite the apparent complexity created by that torrent of words, the probabilities regarding what's going to happen next November are simply these:

If the economy remains as it is or improves only slightly, Barack Obama is highly likely to lose to his Republican opponent. If the economy gets worse, he is virtually certain to be defeated, indeed, in a landslide if his opponent runs an effective campaign.

Yes, except during times of war or internal threats to social order, elections, ultimately, are about the economy.

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