Do you remember four years ago when it looked like McCain would win until the markets went down? Could we be experiencing a replay of that thing here where it looked like Obama could get reelected until a couple of days ago? It sure feels like it.
When our people feel uncomfortable about the state of the economy, there is a tendency to vote for change. Yes, I know this blog has taken a pro-change stance since November, 2008. But the mainstream media certainly hasn;'t. Will they now? Or will they continue to back a loser?
CNBC's Jean Chua here writes about Robert Zoellick, President of the World Bank drawing economic parallels between 2008 and 2012. It makes me wonder if there are political parallels too.