Longing for Hillary

Hillary Clinton for President

Excerpts:

America's economy is failing to produce jobs, increase growth or raise confidence, and it will likely get even worse next year. Our federal government's spending has increased to $3.7 trillion this year from $2.98 trillion in 2008. Publicly held national debt is up by $2.4 trillion in less than two years, to about 63% percent of GDP from 40%, and is expected to reach 70% by 2012. Add in the unemployment rate, which has remained above 9.4% for over a year, and America is clearly failing economically.

Next January the economy will be further depressed by increasing tax rates. The top income tax rate will rise to 39.6% from 35%, and the phase-out of itemized deductions and personal exemptions will effectively lift the top bracket to about 40.8%. On New Year's Day the tax on dividends is scheduled to go up to 39.6% from 15%, and come 2013, ObamaCare will add another 3.8%.

...

So what can be done to change America's policies and make our economy stronger? For one thing, we could elect a president with different thinking. Almost any Republican candidate would have that, and, as we will see in a moment, there is one obvious Democrat who would change our course too.

And why would the Democratic Party want to do that? Because the re-election of President Obama is becoming more problematic. The latest Rasmussen Reports polls show the dramatic decline of the presidential approval index, the difference between those who "strongly approve" of Mr. Obama's performance and those who "strongly disapprove." It began at plus 25% when the new president was sworn in, and has steadily declined to minus 13%.

It isn't just the president whose poll numbers are falling fast. According to recent Harris polling, Vice President Biden viewed favorably by 26% of the public and unfavorably by 45%. House Speaker Nancy Pelosi does even worse, 20% positive to 49% negative. A June Nevada poll gave Sen. Harry Reid, the majority leader, 33% approval and 52% disapproval.

But the greatest contrast and most interesting statistic is Secretary of State Hillary Clinton's ratings: 45% favorable and only 35% unfavorable.

That is not surprising, and there are some obvious factors that suggest she might have a chance of defeating President Obama if she were to challenge him for the 2012 Democratic nomination.

Comment: Think when Edward Kennedy challenged President Carter.