General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhat do you think another Wall Street crisis would mean for the 2016 elections?
Just hypothetically-- let's say we have another financial industry crisis sometime before the 2016 elections. Who would be hit hardest politically, and who would benefit politically?
vadermike
(1,416 posts)Just like in 08 bush was blamed and not the Dem congress. You would be looking at all 3 branches Rethug unfortunately ...
Agnosticsherbet
(11,619 posts)It is difficult to place the blame on Congress because people do not have a relationship with the institution. Individual Congressmen are reelected every two years by people who think Congress is a cesspool. The negative opinion of Congress does not easily get passed to individuals in Congress.
The President, because he is this big freaking symbol at the top, will get the blame. Who really is to blame, his fault, congresses fault, nobodies fault, is irrelevant.
When you add to that the efficiency that the right wing media (and most of them are right wing media) have at affixing blame to anyone on the left through shrill repetition, it becomes a sure thing that Democrats would carry the blame.
Democrats would go down. It would not matter of we had a Sanders/Warren or Warren/Sanders team at the head of the Democratic ticket, Democrats will be blamed and suffer for it.
vadermike
(1,416 posts)Sux but true. We better have our shit ready and we better have a lot of it like Richard Pryor used to say and a lot of it , ya know what u mean ? And hope like holy hell the market doesn't got down 30 plus percent every week in the middle of the election
jmowreader
(50,561 posts)One hundred percent of the blame would be laid at the feet of Timothy Geithner and the Dodd-Frank Act, which somehow hamstrung the ability of the private sector to respond to the crisis fast enough. The Republicans, who would suggest complete deregulation of the financial industry as the solution, would benefit.
The sick part of that theory is, it would sell.
TheKentuckian
(25,026 posts)If you don't do enough but pass SOMETHING that something will either be blamed or the party that passed it will be deemed a failure.
Sometimes you have to press for no less than minimal goals and accept not an iota less come Hell and high water. If you can't get it then you relentlessly and in no uncertain terms blame the ones who stopped you while pleading with the American people to send folks to Washington who don't seek to destroy our country and do it unceasingly.
No bogus bipartisanship, no meeting in the middle, no doing what the industry wants, no phony "disagreement on the edges".