Like it or not, Obama’s fortunes ultimately will be defined by the global economy. Europe is critical to his re-election. Yet no U.S. President, nor Congress can affect the outcome. Interventionists beg for action. What can we do? We have faint financial leverage anymore in the world, as debt-laden and politically hampered as we are. Investors will find little to trust in traditional fundamentals as the election looms. Global economic certainty is not on the horizon.
So, unless there is a wag-the-dog October surprise, Zzzomney could pull it out. Hope not. Neo-Cons and his Boston Consulting buddy, Bibi Netanyahu, would steer him to take us into a Middle East war that only the Mayans could love.
This dank weather must be getting to me. Make some comfort food.