"Bill Clinton was elected President in 1992 using James Carville's slogan, "It's the economy, stupid." The Democrats thus capitalized on a
temporary economic recession during the last year of George H.W. Bush’s Administration.
Could 2008 be a repeat performance? The
falling stock market, rising unemployment, skyrocketing oil prices, sub-prime mortgage collapse, and the Michigan recession have moved to front and center in the primaries.
Will the Republicans
get it? Or will they
just keep mouthing their tired mantras about free trade, the global economy, the world is flat, we have to be more competitive, send more students to community colleges, and teach more math and science?
The private enterprise system did not cause the loss of jobs. It's the result of bad U.S. policies and one-sided trade agreements that allow foreign governments to discriminate against American workers and products.
It's a very bad U.S. policy
to invite millions of illegal aliens to come into the U.S., take low-wage jobs, and cash in on the social benefits that U.S. taxpayers generously provide to low-income households.