Aftermath of Mass. Election

Great news that Massachusetts elected Scott Brown to replace the late Ted Kennedy in the U. S. Senate. I had been surprised that more prominent candidates did not run for the Republican nomination because I thought this seat was winnable. The experts thought otherwise. But Mitt Romney gave Ted Kennedy a great battle in 1994 and then he later was elected governor. So, I thought he would be a good candidate. Romney's sights are set higher and a loss in a Senate race would be crushing for his ambitions so he played it safe. Perhaps a new face like Scott Brown's was what was needed though.

Interestingly, the White House is saying that the American people are frustrated and upset about the economy. To which I say, well what did you guys do about it? Well, their plan was enacted in February 2009 and look at the results. FaIlure! Why? Because it was a nonsensical plan that was created more to please various constituencies and members of Congress than to get the economy moving again. While Ronald Reagan also faced a terrible economy in 1981, he enacted a plan that made sense and in time it paid off. Does anyone believe that throwing money at CASH FOR CLUNKERS or TAX CREDITS FOR BUYING HOUSES is going to solve the problems in the overall economy?

I was young and opposed Ronald Reagan in the early 1980s but as I watched the results of his presidency I saw that he was right, in both his understanding of the economy and in his understanding of defense policy. Now we have been given one year of Obama, and the results are coming in and they are not good. 10 % unemployment -- about double the rate during the presidency of George W. Bush who had to deal with both the aftermath of the 2000 NASDAQ crash and the 9/11 attacks.

"During the 8 years of the George W. Bush Presidency the lowest annual unemployment rate was 4.61% in 2007, the highest annual unemployment rate was 5.76% in 2008. During Bush’s 8 years as President the average unemployment rate was 5.27%, roughly 1/2 half of what the unemployment rate is today."