Lousy Economy Won't Sink Obama
by Peter BeinartFor a couple of years now, optimists about Barack Obama’s reelection prospects (myself included) have peddled the Ronald Reagan analogy. Reagan, you may remember, won 49 states in 1984 with the unemployment rate at 7.4 percent. The lesson: a president overseeing a weak economy can still win reelection—easily—if people believe the worst is over and prosperity is about to return.
Jacquelyn Martin / AP Photo
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