Does history spell trouble for Obama?
President Carter once stated that no president with a Misery index above 12% deserved to hold the office.
So with the misery index currently slightly below 11% unless it falls drastically between now and the election, Obama is in for a rocky road. During his term, the misery index went from 7.83% to 12.87% Another correlation between Carter as a one term president and Obama is that both had record high gas prices under thier administration. He sort of put his foot in that one by making a campaign promise in 2008 to lower gas prices.
Both are also experiencing increased tensions with Iran, with the threat of war looming on the horizon.
Also our increasing tensions with China the last communist super power mirror those of the U.S.A. and Russsia in Carters time.
CHINA and Russia yesterday launched their first joint naval exercises, raising strange new dynamics in the balance of power in the region that has seen the US and India rattling sabres and tensions rise between China and its neighbours over territorial claims.
News of the exercises came as Japan splashed billions of dollars through the countries of the Mekong delta - Thailand, Vietnam, Cambodia, Laos and Burma - to offset China's growing influence.
Included in Japan's beneficence was a separate cancellation of Burma's entire $3.5 billion debt to Tokyo.
The six days of Chinese-Russian drills are taking place in the Yellow Sea off the city of Qingdao in Shandong province on China's east coast, the official China News Service said.
China and Russia have held four joint military drills since 2005, but these are the first dedicated naval exercises, a Chinese expert said.
Yin Zhuo, who advises the Chinese navy, said the number of ships involved was unprecedented - China has 16 naval vessels and two submarines taking part in this exercise while Russia has four warships.
With all these similarities in the two elections it just may spell defeat for Obama the same way that it did for Carter nearly 40 years ago.
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