I have for some time been (nervously) tracking Obama's political fortunes against Reagan's, since it's often pointed out that both inherited a vicious recession; at Obama's low moments I've taken some comfort in the fact that Reagan's approval rating reached a nadir of 35% in January 1983, shortly after the unemployment rate peaked at 10.8%. The impression I've soaked up is that the unemployment rate really matters in the 16-odd months before a president stands for re-election, when the electorate starts to tune in and measure him against the opposing party's candidates. For Reagan, I've noted, a decisive turn came in July 1983, when the unemployment rate dipped to 9.4% from 10.1% the prior month. From there he had the wind at his back to October 1984, when the rate was 7.4%. Hence Reagan's landslide. He asked us to stay the course, and the course started running downhill run when it counted.
Might it be postulated that the direction in which employment moves in the 16 months prior to an incumbent president's reelection bid is a fair predictor of his political fortunes? The postulate works for six of the seven incumbents since Nixon, the earliest president for whom I have monthly unemployment numbers....
Showing posts with label Gerald Ford. Show all posts
Showing posts with label Gerald Ford. Show all posts
Friday, October 05, 2012
Time to trot out my 16-month unemployment movement rule
In June 2011, when the Times' Binyamin Appelbaum warned that no president since Roosevelt has won reelection with the unemployment rate above 7.2%, I cobbled together a "16 month rule" for the zone in which the unemployment rate might more or less directly affect elections:
Wednesday, July 28, 2010
Beating the Bushes for START
Another flashback from The Clinton Tapes: when Clinton found himself 20 votes short for NAFTA passage in the House,
Four presidents for NAFTA...could Obama -- or Gates -- not call on George H.W. Bush to counter the ignorant demagoguery of Mitt Romney and other Republican "leaders" posturing against ratification of the START arms reduction treaty with Russia? And, for that matter, on the Prodigal Son, not to say Bill Clinton himself?
Incidentally, The Clinton Tapes has got to be the worst-indexed book I've ever encountered.
he shifted back to presidential chemistry at the kickoff event for NAFTA. Carter and Bush had stayed with him overnight...Gerald Ford joined them for dinner on the night of the Middle East ceremony, and then again for a private breakfast before the NAFTA presentation. Clinton's staff found no prior record of so many presidents eating meals together at the White House (pp 50-51)
Four presidents for NAFTA...could Obama -- or Gates -- not call on George H.W. Bush to counter the ignorant demagoguery of Mitt Romney and other Republican "leaders" posturing against ratification of the START arms reduction treaty with Russia? And, for that matter, on the Prodigal Son, not to say Bill Clinton himself?
Incidentally, The Clinton Tapes has got to be the worst-indexed book I've ever encountered.
Friday, May 23, 2008
You can't go home again to the White House
A major-party Presidential nominee who aims to change the trajectory of American politics suddenly becomes enamored of inviting a former White House occupant -- once the candidate's bitter rival for the nomination -- to take the second slot on a dream ticket. The 'dream' is to rapturously unify a divided party -- quelling doubts about a candidate who represents a leap of faith that many of the party faithful may be unwilling to make.
A powerful former high-ranking public servant lurks behind the prospective veep, reportedly demanding almost co-presidential powers on his liege's behalf -- and a strong role for himself. Ultimately the dream evaporates, as the nominee demurs at proposals to cede vast swaths of the President's Constitutional authority to a vice president who will function as "chief operating officer."
This happened in 1980. On the eve of the Republican convention, presumptive nominee Ronald Reagan reached out to offer former President (and former Vice President) Gerald Ford the second spot on the ticket. Three or four top aides on each side met to hash out the details, with Henry Kissinger chief among those in the Ford camp. According to Howell Raine's report in the New York Times (July 18, 1980):
Gerald Ford was no Hillary Clinton. The deal failed as much because of his recognition that what his aides were asking was preposterous as because of Reagan's similar recognition.
Imagine the Obama camp negotiating with the Clintonites. While the Clinton team would be in no position to ask for overt prerogatives of the magnitude demanded by the Ford team for the former President, the principal's will to power would be unchecked.
Obama is no fool. Like Reagan and Ford, he will feel in his gut that a prospective President can't share power with a former White House occupant. This year's 'dream ticket,' like that of 1980, will fade like morning dew.
A powerful former high-ranking public servant lurks behind the prospective veep, reportedly demanding almost co-presidential powers on his liege's behalf -- and a strong role for himself. Ultimately the dream evaporates, as the nominee demurs at proposals to cede vast swaths of the President's Constitutional authority to a vice president who will function as "chief operating officer."
This happened in 1980. On the eve of the Republican convention, presumptive nominee Ronald Reagan reached out to offer former President (and former Vice President) Gerald Ford the second spot on the ticket. Three or four top aides on each side met to hash out the details, with Henry Kissinger chief among those in the Ford camp. According to Howell Raine's report in the New York Times (July 18, 1980):
The so-called "dream ticket" fell apart because to have endowed the Vice Presidency with enough power to make the offer attractive to Mr. Ford would have eroded Mr. Reagan's authority as President, one Regan aide said. Mr. Reagan said Mr. Ford also had a persistent and finally insurmountable visceral feeling that it would be wrong for the two to run together.As reported by the Times, the principals were oddly passive in the negotiating process. The Ford camp, led by Kissinger, "astonished Mr. Reagan's aides in the degree to which they would have watered down Mr. Reagan's powers to run the Government." The proposals included giving Ford veto power over major cabinet appointments and the right to make other appointments. They also seem to have included making Kissinger Secretary of State.
Gerald Ford was no Hillary Clinton. The deal failed as much because of his recognition that what his aides were asking was preposterous as because of Reagan's similar recognition.
Imagine the Obama camp negotiating with the Clintonites. While the Clinton team would be in no position to ask for overt prerogatives of the magnitude demanded by the Ford team for the former President, the principal's will to power would be unchecked.
Obama is no fool. Like Reagan and Ford, he will feel in his gut that a prospective President can't share power with a former White House occupant. This year's 'dream ticket,' like that of 1980, will fade like morning dew.
Monday, December 03, 2007
"From the Shadows": Did Gates Shape the New NIE on Iran?
Having just finished Robert Gates' excellent book 1996 From the Shadows, my immediate reaction upon reading of a new National Intelligence Estimate that downplays the likelihood of Iran developing nuclear weapons before 2015 is that Gates, a 25-year CIA veteran and former DCI, very likely had a shaping hand - if not in the report itself, then in its release. Until quite recently, Gates has kept a very low profile since becoming Secretary of Defense about a year ago, but the evidence is strong that he has had a calming, rationalizing effect on Bush Administration policy and rhetoric. Last week, in a speech at Kansas State University, he astonished Pentagon observers by telling students that the U.S. needed to boost the State Department's budget -- that is, redress the balance between hard power and soft power. Prior to that, the only public comments of his since taking office that I can remember cropping up in mainstream news were two checks to belligerent Administration rhetoric-- to say in one instance that Congressional debate on war financing put useful pressure on the Iraqi government, and in another that Hillary Clinton's request for contingency withdrawal plans was reasonable. Both of these interventions are in keeping with the balanced assessment in From the Shadows of the five presidents Gates worked for (Nixon, Ford, Carter, Reagan, Bush Sr.). In the final section of that book, Gates notes that doves and hawks worked effectively, though often in bitter competition, to keep those five presidents on containment course, and that Congressional intrusion on foreign affairs could be meddlesome and counterproductive but also served as an essential check on executive power. Also, as a top member of Bush Senior's national security team, he lauds that team's cohesion and mutual trust, born of confidence that the National Security Adviser Scowcroft (and deputy Gates) would present all views to the President. The unwritten sequel haunts the book like a shadow limb: that Bush 43 in so many ways destroyed the balance born of separation of powers, bipartisanship, and competition of views within prior administrations.
Having just finished Robert Gates' excellent book 1996 From the Shadows, my immediate reaction upon reading of a new National Intelligence Estimate that downplays the likelihood of Iran developing nuclear weapons before 2015 is that Gates, a 25-year CIA veteran and former DCI, very likely had a shaping hand - if not in the report itself, then in its release. Until quite recently, Gates has kept a very low profile since becoming Secretary of Defense about a year ago, but the evidence is strong that he has had a calming, rationalizing effect on Bush Administration policy and rhetoric. Last week, in a speech at Kansas State University, he astonished Pentagon observers by telling students that the U.S. needed to boost the State Department's budget -- that is, redress the balance between hard power and soft power. Prior to that, the only public comments of his since taking office that I can remember cropping up in mainstream news were two checks to belligerent Administration rhetoric-- to say in one instance that Congressional debate on war financing put useful pressure on the Iraqi government, and in another that Hillary Clinton's request for contingency withdrawal plans was reasonable. Both of these interventions are in keeping with the balanced assessment in From the Shadows of the five presidents Gates worked for (Nixon, Ford, Carter, Reagan, Bush Sr.). In the final section of that book, Gates notes that doves and hawks worked effectively, though often in bitter competition, to keep those five presidents on containment course, and that Congressional intrusion on foreign affairs could be meddlesome and counterproductive but also served as an essential check on executive power. Also, as a top member of Bush Senior's national security team, he lauds that team's cohesion and mutual trust, born of confidence that the National Security Adviser Scowcroft (and deputy Gates) would present all views to the President. The unwritten sequel haunts the book like a shadow limb: that Bush 43 in so many ways destroyed the balance born of separation of powers, bipartisanship, and competition of views within prior administrations.
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