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The Economist Endorses Obama: Let the Debate Begin!

The Economist Endorses Obama: Let the Debate Begin!With the victory of Mr. Obama in the US Presidential elections a wave of celebration washed over the world media as praise for Obama took place, and in many cases rightly so. He is not only the first African-American President elect in US history, but more so a change from eight years of the Bush administration that can be argued was the worst eight years in Presidential history. While historians quibble over whether Bush was in fact the worst President, or a close 2nd or 3rd, challenges to the abilities of Mr. Obama have already taken place. The Economist Magazine made headlines in the election as the premiere economically conservative publication endorsing Mr. Obama, which is often on the left in his policies and by no means a conservative. Letters to the Editor were by no means gentle, and a number of them critical of The Economist's endorsement, and a few supporting it but criticizing it for support for the wrong reasons.

In reality, both Mr. Obama and Mr. McCain are fine individuals that are forgotten for their real talents, in being able to reach out to the other side for support. With Bush paralysing any support by the Democrats for his policies due to a laundry list of often anti-constitutional problems and controversies, McCain had been the only Republican that represented the majority of Americans and also many people who voted for Democrats in the last election. If Obama is to win the next election, he must focus his attention on the middle, and might even do well to cooperate and appoint some of the moderate Republicans in order to bring America together after eight years of being pulled apart. With nearly 47% supporting McCain in the election to Obama's 51%, and economic collapse and eight years of Bush and a War in Iraq, Obama can only survive with support from people like McCain, or perhaps hire McCain himself to work in his administration. To take a line from many action hero movies, "It is crazy, but it just might work," as in America, if Arnold can be the Last Action Hero and be elected to lead California, the 4th largest economy in the world, anything can happen.

Critical support for The Economist's endorsement often came from non-American readers, who see Obama reasserting himself as the leader of the free world and placing multilateralism as the core of his foreign policy. What seems to be lacking is support for America's closest and most effective allies, those within the Americas. With NAFTA becoming a heated debate between Obama and Hillary, even producing one of the elections first scandals, Canada and Mexico have been perplexed at how Obama might issue policies that could strangle the Canadian and Mexican economies due to a US economic collapse, a high degree of fear about debt with China and trade with China, that for some reason Hillary Clinton blamed on NAFTA, and the focus on Castro and Chavez, who oppose most activities coming from the US. All this has come with the virtual ignoring of America's allies in South America that have won many battles against terrorism, poverty, economic collapse and improving democratic institutions. Another major issue, which has brought more death to Mexico than Afghanistan and Iraq combined, is the nearly 4000 deaths that have come about since early 2008 in Mexico's drug war. With the rescue of Ingrid Betancourt and the pulverization of much of the FARC's command and control, the drug war has moved well into Mexico where the country has little luck keeping even its most senior officials safe and deaths from the conflict have reached as far north as Canada to as far south as Argentina. With illegal immigration not having a solution since last year's debate on the new Immigration Bill, and whole new issue has already arisen inside all of America's allies, on the border and inside the US itself that has been ignored completely by the candidates. With the next major issue in US policy not being seen on the radar of either candidate, it is questionable how the US will treat its closest and most important allies in the next four years.

 

Author

Richard Basas

Richard Basas, a Canadian Masters Level Law student educated in Spain, England, and Canada (U of London MA 2003 LL.M., 2007), has worked researching for CSIS and as a Reporter for the Latin America Advisor. He went on to study his MA in Latin American Political Economy in London with the University of London and LSE. Subsequently, Rich followed his career into Law focusing mostly on International Commerce and EU-Americas issues. He has worked for many commercial and legal organisations as well as within the Refugee Protection Community in Toronto, Canada, representing detained non-status indivduals residing in Canada. Rich will go on to study his PhD in International Law.

Areas of Focus:
Law; Economics and Commerce; Americas; Europe; Refugees; Immigration

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