Obama wins re-election as President of the USA against the combined might of Wall Street and Occupy’s 1%. Congratulations!
Several UK commentators have expressed the view that it’s good news for Cameron because an incumbent won re-election despite the fact that the economy was in an appalling state. See [James Forsyth in the Spectator]. Most surprisingly Peter Oborne in the Daily Telegraph, who offers Cameron six other lessons. What they miss, as expressed on Conservative Home of all places, albeit in the comments is that the Tories have deliberately wrecked Labour’s recovering economy; Obama managed to get a stimulus package through and as his VP and running mate, Joe Biden said, “GM is still alive”. The Tories and Democrats are also travelling in different directions on Healthcare provision. The most important difference though is when Obama says “We’re all in this together”, he’s believed, when Cameron or Osborne say it, they’re not…partly because as in Romney’s case, they have some very unpleasant and greedy friends.