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July 9, 2009
Posted: 05:00 PM ET
FROM CNN's Jack Cafferty: At some point it will become President Obama and the Democrats' recession, not George W. Bush's. If the economy doesn't start to show signs of picking up, Democrats could feel the voters' anger in next year's mid-term elections. ![]() President Obama is traveling a path not unlike the one President Ronald Reagan once traveled and, as my colleague Christine Romans points out, the Democrats could learn something from President Reagan's experience. Both Presidents were wildly popular early on, but unemployment was rising. In the 1982 elections Reagan's Republican Party lost 26 seats and experts say the scale was tipped when unemployment hit 10-percent. President Obama currently faces a 9.5-percent unemployment rate and now says 10-percent is likely before the year is over. Renowned investor Warren Buffet said this morning on Good Morning America that unemployment could hit 11-percent. It seems everyone knows someone who has lost their job. While the Obama Administration is busy pointing the finger at Bush, those unemployed Americans who can't find a job will likely be tempted to take it out on whoever is in power when they vote next fall. What remains to be seen is if voters are ready to start returning Republicans to power so soon after the Bush Administration. Here’s my question to you: Will the voters blame the Democrats for our economic problems in next year's election? Interested to know which ones made it on air?
Bob from Kansas writes: Willow from Iowa writes: S. from in Palm Bay, Florida writes: Jose from McAllen, Texas writes: Mark from Arkansas writes: Andy writes: Filed under: Democrats Economy Elections Voter Turnout
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Jack Cafferty sounds off hourly on the Situation Room on the stories crossing his radar. Now, you can check in with Jack online to see what he's thinking and weigh in with your own comments online and on TV. Send your comments on the "Cafferty File". Jack's Book
Read excerpts about Jack's battle with alcoholism and Jack's philosophy on parenting. CNN=Politics Screensaver
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