John Ransom

Our real-life, make-believe president has two things to accomplish during this campaign season if he wants to call 1600 Pennsylvania Ave home for another four years.

His first three-and-a-half years have been so bad, that he’s had to ditch a reelection strategy and come up with a the re-write of a screenplay that he can act out over the next seven months to replace the real accomplishments that presidents usual rely on to get reelected.

If the body of the story Obama has selected so far seems vaguely familiar to all of us, it’s probably because we have already seen the story on the big screen.

Obama is just adapting if for the much smaller screen he occupies.     

First, the president has to convince us that like the real-life, make-believe Pee Wee Herman, in the film Pee Wee’s Big Adventure, that nationally we have lost something of value through outright and intentional theft.

In the Big Adventure, you’ll remember, Pee Wee lost his bike -called the X1- when the rich, fat neighbor boy stole it out of jealousy. President Pee Wee is trying to sell us on the idea that our rich, fat neighbors, aided by policies of the GOP, have stolen the national X1 from the rest of us, and this has resulted in widespread misery.

Second, Pee Wee Obama has to convince us that somehow he has a way of restoring what we lost.

These are bigger tasks than a president normally faces when mounting a reelection bid. Any other Pee Wee would have taken advantage of his first four years to do the things he promised in the first place.

But because only Obama’s rhetoric was real and the results of his presidency have been make-believe- in the sense that there’s no record of accomplishment to sell to voters, or at least not one that voters would approve of- it’s important for Democrats to come up with an alternative story to the one they ran on in 2008.

So, Obama and the 98 lbs brain trust has come up with income inequality as the X1 in the liberal reelection screenplay, thereby scuttling the fiscal responsibility theme that Democrats talked about four years ago.

John Ransom

John Ransom’s writings on politics and finance have appeared in the Los Angeles Business Journal, the Colorado Statesman, Pajamas Media and Registered Rep Magazine amongst others. Until 9/11, Ransom worked primarily in finance as an investment executive for NYSE member firm Raymond James and Associates, JW Charles and as a new business development executive at Mutual Service Corporation. He lives in San Diego. You can follow him on twitter @bamransom.

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