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Bush Failures May Force McCain, Obama to Make Like FDR in 2009

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IDemo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-20-08 08:12 PM
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Bush Failures May Force McCain, Obama to Make Like FDR in 2009
By Matthew Benjamin and Heidi Przybyla

July 21 (Bloomberg) -- When George W. Bush became president in 2001, his main goals included restoring ``honor and dignity to the White House'' after the Monica Lewinsky scandal, raising school-test scores and figuring out how to spend a record budget surplus.

The next White House occupant will inherit the deepest housing recession in a generation, growing fears of bank failures, a sinking dollar, $4 gasoline and an economy bleeding jobs. He'll confront wars in Iraq and Afghanistan, mounting tensions with Iran and the U.S.'s flagging international reputation.

Historians say the economic and foreign policy crises in Bush's wake will present either Democrat Barack Obama or Republican John McCain with the biggest challenges to a new president since Herbert Hoover left office during the Great Depression.

``What a burden the next president is going to confront,'' says Robert Dallek, a presidential historian and biographer of Presidents John F. Kennedy and Lyndon Johnson. ``It'll be like Franklin Roosevelt coming in, in 1933.''

http://www.bloomberg.com/apps/news?pid=20601103&sid=aKIkmrDcRKv4&refer=us
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yurbud Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-20-08 08:17 PM
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1. McCain's own party would roast him alive if he tried to become FDR
and he doesn't ahve it in him anyway.
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IDemo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-20-08 08:30 PM
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3. Not to mention he doesn't exactly have an Eleanor Roosevelt
ready to step in and take over.

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tsuki Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-20-08 08:29 PM
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2. McCain would make like McHoover. nt
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ingac70 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-20-08 08:39 PM
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4. McCain would just let the whole thing collapse. n/t
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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-20-08 09:36 PM
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5.  "deepest housing recession in a generation"? how about the last 70 years?
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