It's the economy, O foolish one...
Remember the old saying that there's no second chance at a first impression - that we're blessed or doomed by our initial public presentation, be it well-groomed messiah or pants-dropping bozo?
For a man who spent most of the primary season hammering home the impression that he's dumb as a post on the economy, this week's news can't be lollipops and rainbows for John McCain.
American employers pruned jobs for the the fifth straight month in May, bringing the unemployment rate to an almost four-year high. And Reuters reports Federal Reserve Governor Randall Kroszner holds out little hope the clogged mortgage market will do anything more than stagnate for the time being.
"Kroszner said he expected housing markets to recover only gradually as housing demand rebounds and excess inventories of unsold homes are worked off. And recovery in housing depends partly on easing strains in mortgage markets -- and vice-versa."
All of the grim news has pushed the dollar lower on international exchanges and boosted the price of oil $6 in a day.
There must be someone in McCain's camp who can scoot him off the homeland security battlewagon and brief him on the issue that's creeping up the vital-concern list for mom and pop America. Waving his six-guns at this week's AIPAC meeting isn't a big sell for uneasy hinterland voters seeing their savings disappear just to cover oil-driven rising prices and mortgage-crunch wolves drooling relentlessly at their doors. McCain's security obsessions - and promise to press on the delusional Mideast forays of his predecessor - attract only surly dismissal among the working class.
For the Americans he needs - the 40-hour national backbone - the real threat is staring at them from the corner, where their bank is located - not from Tehran.
If McCain is going to remake himself as the answer to America's economic prayers, he'd better get started soon. Right now, his patrician assertion to Ohioans that their good jobs were gone and not coming back is a dismissive sore point from earlier this year not soon forgotten.
And there's the matter of sheer destiny. Tuesday night, McCain’s teleprompter-laden speech sputtered and chuffed, and he seemed as lively as a bog mummy. It was a performance so inert and unpromising it lent credence to the whispered theories that he’s a sacrificial lamb, a throwaway candidate offered up in a calamatous year to buy time, so the GOP can mount a comeback down the road. We’ll hear scurrilous rumors throughout the summer that young bucks in the party are cutting him dead, turning down the veep spot for a wait-and-see option. They know their prospects are brighter waiting for the party’s fortunes to turn around – perhaps after a long ordeal – than by wedding themselves to a has-been, an aging boy-wonder from a failed crusade eight years and a million eons ago.
He's facing a candidate who, if nothing else, is impressively unflappable. Obama faced a maelstrom of attacks this year and never lost his cool. He's the material voters want in a President: He’s alone on the ice flow with nothing between him and circling polar bears but a buck knife and some ballsy charm.
And he wins...
On national security... well... Obama has been right. this week, the second phase of the study reviewing the Administration's prewar antics reconfirms, along with Scott McClellans confessional, that the Iraq crusade was launched on a pack of lies. It was, as the Democratic nominee said on the eve of the invasion, a "dumb war."
Unless McCain can turn all these negatives, and his own recalcitrance, into a program that convinces Americans he's the instrument of much-anticipated change, it's oblivion for him and the party come November.




