One Term President

Whomever is elected President in 2012, he or she will be a one term President.

If it is President Obama, of course, he would be term limited and can only serve one more term.  He and his Democrat Congress members, however, will be swept out.   If it is any of the GOP show business cast, they will last one term and get thrown out too.  Why would that be?

There are two basic reasons, I believe.  (1) Too many Americans are not interested in learning why the US is mired in slow growth.  As a consequence they will expect too much from their candidate.  (2) There is no interest in the private sector, such as large banks, investment houses and corporations (particularly those related to the health care industry) to throttle back their greed and instead do what is good for both the country and their own long term wellbeing.

As a result, the inevitable promises both Presidential candidates will make about fixing the economy and growing jobs will fizzle.  Promises to curb the deficit will either stir domestic discontent or push the economy into recession, or both.  The new President will be forced to equivocate or walk away from promises.  The voters will not treat this repeated behavior kindly.

I think people like Mitch Daniels, John Thune, and Chris Christie know this.  Their preference is to wait until 2016 when conditions might be better.

Just being President is often a compelling enough reason for someone to run.  For others, two terms is the mark of success they seek.  Someone seeking to make his/her mark in history with two terms, unless delusional, would be well served to wait.

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