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Sunday, March 16, 2008

It’s the Economy (Again) Stupid


For people who are worried about whether defaulting on their mortgage or getting laid off, it must be infuriating when the political debate is focused on whose supporter made what controversial statement or what politician is cheating on his wife.

Barack Obama needs to start playing offense again in this campaign and stop the recent cycle where he has been relegated to responding to the controversy of the day that are of endless interest to the commentariat (myself included) but not the issues that will directly address the concerns of voters.

Every day brings a new revelation about the serious nature of economic problems in the U.S. economy. Costs for health care, college tuition, and energy are rising and threaten to trigger an increase in overall inflation. At the same time, wages have been at best stagnant for many working people.

Obama might benefit from borrowing part of John Edwards’s strategy. Edwards made more money as a lawyer than most sane people could spend in a single life time. Yet his genuine personal story of growing up in poverty, how it shaped his world view and political priorities forged a connection with voters who often feel people asking for their vote only see the real world problems of people struggling economically as an abstract policy debate.

Obama’s made some money, but like Edwards, he earned it. No one handed him his own major league baseball team, which is how George W. Bush made most of his personal fortune. Hillary Clinton wasn't born with a silver spoon in her mouth, but her father was a successful businessman and her path through life was, at least to the casual observer, probably a lot easier than Obama's. Obama could get some mileage out of drawing the contrast and using it to help showcase his economic plans.

In the meantime, John McCain has the luxury of talking about real issues, although they tend to focus on national security so he’s still missing the mark on dealing with front-burner issues for voters.

The next contest is in Pennsylvania, which shares some of the same economic challenges as Ohio and Michigan.

In an NBC/Wall Street Journal poll, Obama is losing 49 to 37 percent among voters who makes less than $50,000 a year, which is most people.

It’s a long slog between now and April 22, when Pennsylvania voters go to the polls.

Hillary Clinton has started to empathize with the plight of struggling people in rust belt states, making the case that she would be able to deliver meaningful change that would help improve the financial outlook for people who aren’t rich. Obama needs to offer a convincing case why he can do the same.

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