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My political prediction for 2012: It’s Obama-Clinton

Robert Reich, professor of public policy | January 2, 2012

My political prediction for 2012 (based on absolutely no inside information): Hillary Clinton and Joe Biden swap places. Biden becomes Secretary of State — a position he’s apparently coveted for years. And Hillary Clinton, Vice President.

So the Democratic ticket for 2012 is Obama-Clinton.

Why do I say this? Because Obama needs to stir the passions and enthusiasms of a Democratic base that’s been disillusioned with his cave-ins to regressive Republicans. Hillary Clinton on the ticket can do that.

Moreover, the economy won’t be in superb shape in the months leading up to Election Day. Indeed, if the European debt crisis grows worse and if China’s economy continues to slow, there’s a better than even chance we’ll be back in a recession. Clinton would help deflect attention from the bad economy and put it on foreign policy, where she and Obama have shined.

The deal would also make Clinton the obvious Democratic presidential candidate in 2016 — offering the Democrats a shot at twelve (or more) years in the White House, something the Republicans had with Ronald Reagan and the first George Bush but which the Democrats haven’t had since FDR. Twelve years gives the party in power a chance to reshape the Supreme Court as well as put an indelible stamp on America.

According to the latest Gallup poll, the duo are this year’s most admired man and woman This marks the fourth consecutive win for  Obama while Clinton has been the most admired woman in each of the last 10 years. She’a topped the list 16 times since 1993, exceeding the record held by former First Lady Eleanor Roosevelt, who topped the list 13 times.

Obama-Clinton in 2012. It’s a natural.

Cross-posted from Robert Reich’s blog.

Comment to “My political prediction for 2012: It’s Obama-Clinton

  1. My prediction: It really doesn’t matter who gets elected. Nothing is going to get changed fast enough to avoid what is perhaps best described as the US economy getting seriously derailed and off track.

    I don’t see that much difference between Romney and Obama. They both are trying to reach out to moderates and ignore what is considered to be the “fringe elements” of their respective parties.

    Only problem is that the “fringe elements” have significant numbers. The “tea partiers” desiring to be fiscal conservatives are at loggerheads with the Republican party establishment who preach but don’t practice limited government. Obama has a similar problem with a substantial part of his own party with most of the liberal democrats are unhappy with his “move to the center” and his “wishy washiness”

    Obama has a major problem with almost everybody in his flip flops. You have to stand for something or you stand for nothing.

    Historically a VP candidate doesn’t bring that much into the picture. Clearly Clinton would help the ticket but if Reich is right that we are heading to another recession which assumes that we have left one in the first place is not going to even remotely “deflect attention from the bad economy and put it on foreign policy”

    Most voters are not worried about foreign policy when they see either themselves or close relatives struggling economically or out of work.

    Even worse is that the Congress is likely to be split along party lines without any consensus. Assigning fault is another issue, but nothing has gotten done in the last 4 years and no evidence exists to believe that from 2012 onwards anything is going to get done.

    What will get done as it were, is the problems facing the US start rearing their ugly faces. At the risk of being labeled a false soothsayer the following is likely to happen:

    1. A continuing destruction of the American middle class with the loss of more and more decent paying jobs.

    2. Hidden but rapid inflation in basic necessities. When the Walmart CEO tells people to worry about food and clothing rapid price then that says it all. Dry milk futures going up 30% a year is just a sign of things to come.

    3. Foreigners start spending rather than saving dollars driving up prices even more. Reich is probably correct to the extent that the US can print money to endless abandon and in the short term the dollar does not share the fate of the Weimark Reichmarkt. What Reich and others don’t realize is that the new dollars going overseas are being SPENT and NOT SAVED. China is investing in Africa and Afgahnistan for raw material along with buying more and more oil. US prices are going to go up because we are competing with foreigners holding our dollars.

    4. The US prints more and more money to buy its own debt to keep Treasury debt interest rates below 2% as the US can’t afford to pay more than that on its own debt.

    Does anyone really believe that the US can make the tough choices on a voluntary basis ??

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