Economic uncertainty: Is it Europe or is it Obama?

Wall Street seems to be greatly comforted by the deal struck by European leaders to bolster their bailout stash.  Up yesterday on the “hope” of a deal, and up twice a much today on the reality.

While it is too soon to tell whether Europe’s  fiscal precipice or Obama’s fiscal pubescence has been the primary cause of our economic doldrums, Europe seems to be winning at the moment.

If it turns out that the majority of our economic plight has been Europe-inspired and not Obama-inspired, and the unemployment rate begins to decline as a result, the Presidential race will become enormously more challenging for conservatives.

Not to wish economic doom and gloom, but a decisive, clear cut failure of the incumbent is much easier to deal with than a murky revival.

This is all to say that conservative candidates MUST, MUST, MUST promote talking points beyond the economy and the unemployment rate and jobs.  As mentioned in a previous blog, there are a number of other hot-button topics that are campaign-worthy.  These need to begin to be rolled out in earnest.

They include:

• Government spending, waste, and collusion with wall street, big banks, and big business
• Foreign policy, especially as regards our acknowledgement of the wastefulness in throwing money and resources at Islamic cultures while we ignore our long time allies.
• Energy independence – drill, baby, drill and other things
• Illegal immigration continues to sap our resources and dilute our culture
• Excessive environmental regulation and taxation that chase business overseas.

Let’s hope we are not caught flatfooted with a single (jobs) issue campaign.