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Remember that between the time George Washington took the oath of office and the day that Obama took the same oath, the federal government amassed $9 trillion of debt.
And, in the 19 months since then, it has piled up $3.5 trillion more! Debt is Obama’s big negative, the concomitant of his big spending stimuluspackage. Now he has Hillary Clinton criticizing it and, by implication, him.
Will Hillary run? She might. The scenario would go like this:
Step One: Obama loses both houses of Congress by record margins, throwing the Democratic Party into shock. Disbelief yields to recrimination, and the party leaders begin to turn on their president.
Step Two: The popular repudiation of their president leads Democrats to question Obama’s leadership, and his ratings plunge. Without a base of Democratic approval, President Obama‘s ratings sink below 40 percent down into the low 30s.
Step Three: As it becomes clear that the Democrats will lose the election of 2012, more and more party leaders and the rank and file demand new leadership and look to Hillary to turn things around.
Who know if she will really run. She doesn’t know. She can’t know until she sees how low Obama falls. But remember this: If she does run, her candidacy started yesterday.
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