Republicans captured the new mood of populism in the nation. Candidates like Mitt Romney, who now spoke with a southern twang and carried a pitchfork, asked why savers should bail out lenders and borrowers, why taxpayers should prop up bank directors and why houses should be expensive instead of affordable. Border control, which Obama had never properly addressed, also began to resonate with ordinary Americans amid the job shortage. The 2012 race looked close, but Mike Huckabee, running on the slogan "God help us", eventually pulled out a persuasive win.
During the next presidency, the economy finally recovered. The recession, deep as it was, had run its course. The new leaders, unfairly, claimed vindication for their policies of tax cuts and deregulation. The public, unfairly, believed them. Obama retired to Chicago, where he returned to teaching constitutional law, and liberalism's brief renewal, the dream of FDR reborn, slipped quietly away.
18.3.09
BE CAREFUL WHAT YOU ASK FOR. Hee.
Labels:
economics,
fiction,
fourth turning,
policy mythology
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