@nimh,
You aer obviously incapable of handling more than one idea at a time. I posted that Obama won NOT ONLY because of a large turnout of blacks but also because of a large turnout of Hispanics. As a populist president, he promised them legal status eventually.
Now, nimh, please tell me that the majority of whites voted for Obama.
They did not.
President Obama's victory was a victory won by a populist who appealed LARGELY to the masses. Fine for the masses but disasterous for the country.
Why?
Because it appears that Obama is going to reprise the NEW DEAL and it will be a failure.
Amity Shlaes--in "The Forgotten Man" writes:
"...businesses decided to wait Roosevelt out, hold on to their cash, and invest in future years. Yet Roosevelt retaliated by intoducing a tax--the undistributed profits tax--to press the money out of them.
Such forays prevented recovery and took the country into the depression within the depression of 1937 and 1938"
EVEN THE LEFT WING MAGAZINE-THE NATION NOTED:
"The Forgotten Man is nothing less than an attempt to reclaim the history of the 1930's for the free market. Shlaes is, of course,CORRECT THAT THE NEW DEAL FAILED TO RESTORE ECONOMIC HEALTH"
But President Obama need not worry. When he is in his second term and has loaded the country up with failed programs a la FDR, he only needs to blame President George W. Bush.