TPM Election Central

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A lot has been said about Obama’s plans for Student Loans. The basic layout of the proposal lowers the cap for loan payments at 10% of income (down from 15%), and lowers the debt forgiveness age from 25 to 20 years.

Obama’s idealogy behind this is obvious. This is a clear move to gain popularity amongst the younger voters, and indeed, Obama was cheered in Denver. However, the long-term repercussions is what is causing unrest amongst political experts.

A few of the aggrievances noted were where the money had to come from, and what impact it would have on high school graduates and rsa Sydney.

Basically, the money needed for this would come from the three-quarters of Americans who hadn’t graduated, and experts feel it is unfair to tax these people.

Experts also claim it is giving prospective students a bailout, and taking away the responsibility of accepting their financial debt properly. Bachman worries about pushing the responsibility of the payment onto the tax-payer, rather than the students themselves.

In the short-term, Obama will have likely won some votes from the younger demographic, but once the effects kick in, we’ll wait to see the long-term effect of the plan.  All of this is deflecting from the main issue however – the fact that college education is not an affordable option for modern day Americans.

Obama has launched his campaign with a three-day tour by bus in three key states for the upcoming 2012 presidential election. But his side collapsed in the polls at an historic low, and the press does not like saving face as they even show it in some of the New York Times editorial, which is a priori quite favorable.
Is this “Nobama” movement of rejection irreversible? Or will the half-dozen candidates for the Republican nomination who spend a lot of time tearing each other apart fail to exploit this very bad situation?
The latest Gallup poll (conducted from August 11 to 14, 1008 aged 18 and older in 50 states) issued August 17 is cruel: the approval rate of the economic policy of Obama stood at 26% against 35 % in November 2010, while 71% disapprove of his management. Ditto for the crisis in the federal deficit (24% approval) and employment policy (29% approval) in car hire brisbane.

“With the economy on the brink of a new recession, an aggressive conservative movement, a liberal base disappointed by his first term, the re-election of Barack Obama will be difficult” notes The New Republic, but Obama can build on a previous 64 years old: the campaign for the reelection of President Harry Truman in 1948, which was a success despite a poor economic situation, when one could not find a job in mirror replacement.

In both cases, the Democrats lost the majority of the Upper House and Senate seats, before the election.

Meanwhile, the recent presidential tour by bus (three days in three states: Iowa, Illinois, Minnesota) was not really convincing. The cost of two buses specially designed for the occasion was highlighted by the AP: $ 1.1 million each (armor, interior, flashing lights etc.). So Fox News, conservative chain was immediately declared shocked by such expenditure in times of crisis.

The spokesman for the Secret Service, responsible for the protection of officers responded that the bus would become part of the fleet of the White House, and they serve other political leaders. The Secret Service said that until now the white house had to hire buses, transform, and then restore them after use.
For its part, the New York Post joked on the slogan “Made in America” ??repeated by Obama on this trip, while the bus was, in part, with Quebec after being purchased in Nashville.

“I know it’s me that America will judge. I’m responsible.” Obama, the second day of the trip, interviewed by Wolf Blitzer on CNN, showed clear, while trying to defend his record. “We created 2 million jobs in the private sector over the last 17 months” because of its Recovery Act, said he.

The New York Times also wants the program to be announced in September that Obama used federal funds, to re-employ teachers, police officers and firefighters who were dismissed.
In short, at the moment Obama is far from being in a position to be reelected. His supporters hope that his holiday, ten days on the island of Martha’s Vineyard (near Boston) where he has just arrived (as noted in United States Today), will enable him to find a second wind.

The American election is just around the corner. The race is heating up and several ideas and predictions are coming to life. Several contestants have indicated their interest to run for the presidency and the person to run against is no other than the incumbent president of the United States; Mr. Barak Obama. There are several feelers from all over that the race will go against the incumbent. But time will tell which side actually goes home with the trophy come 2012.

Romney is one of the prominent contestants in this race to unseat Obama and send him parking from the oval office in the white house. Cain and several other republicans too are on the same race. But several individuals are picking Obama and Romney as the guys to watch out for. They are even of the opinion that Obama may never be able to stand against the ever increasing support that is being generated by Romney.

The health care bill may not be cutting it.

In actual fact, Barak Obama had made a mark as far as the Health Australia care bill is concerned. Despite this mark, many Americans may end up viewing the bill as not representing exactly what they want the government to do for them. Romney seems to have taken time to investigate the effect of the health care bill and he had been able to pin point some problems in it. He also has the intention of creating a better version of the Obama health care bill and this seems to be taking its toll on the popularity of the Obama administration. Many Americans are already picturing the health care plan of the Republican candidate as the effective and conservative solution needed to solve the health problems faced by Americans.

The job cut issue

Another thing that may tilt the balance in the favor of Romney is the issue of job loss that Americans are facing. There is fear that jobs may be loss due to the increase in the debt of the government. The Obama administration is also proposing some of the benefits paid to Americans; like the unemployment benefits. Romney seems to have the answer for this and his stated solution seems to be getting to the hearts of Americans.  But cleverly enough, Romney had made it a point of note to avoid any debate that has to do with the debt issue. He is concentrating his attention more on building the economy and creating more jobs.

What are the polls saying?

The opinion polls can go a long way in deciding if Obama will still be in power after 2012. Presently, he polls about 48.1%. The general opinion is that such a rating may mean that the president is bound to lose, and may resort to funding from Furniture Rental. But there had been cases in the past when former presidents with similar ratings had ended up winning elections.  Obama’s case may end up being the same. Who knows, the rejected stone may end up being chosen by Americans as the chief corner stone come 2012. We can only keep our fingers crossed.

There’s a new poll out from SurveyUSA which says that NRCC chief Tom Reynolds — who’d slipped far behind in recent

polls against Dem Jack Davis due to Foleygate — has retaken the lead, 49%-46%. As The Daily Politics notes,

“Reynolds has gained 4 points and Davis has lost 4 points” since two weeks ago.” Is Davis’ lack of campaign skills

to blame? A profile of Davis in today’s Washington Post suggests the answer may be Yes. The 73-year old Davis says

he doesn’t “see the point” of “wasting time going around campaigning” and has no events scheduled. Meanwhile,

Reynolds has tons of money and is fighting back — hard. Could Davis be blowing it? Read the Post piece and decide for yourself.

This is no doubt a coincidence, but this morning John McCain released a list of New York financial heavy-hitters backing his campaign — on the same day that Rudy Giuliani is scheduled to have a major fundraiser in New York that is effectively the kick-off event for his Presidential exploratory committee. Here are the new New Yorkers throwing their weight behind McCain:

• Lewis M. Eisenberg, former chairman of the Port Authority of New York and New Jersey
• Woody Johnson, owner of the Jets
• Henry R. Kravis, finance chairman for the Republican convention
• Georgette Mosbacher, a major Republican fund-raiser
• Peter G. Peterson, chairman of the Blackstone Group
• John C. Whitehead, former head of Goldman S

Intriguingly, McCain adviser John Weaver didn’t quite deny that the two events were linked, telling The New York Times: “There are no coincidences in life, but I would guess this would be one.”

Relatedly, today’s Arizona Republic reports that McCain has more effectively tapped George W. Bush’s donor network than any other candidate.