Election risk: Could Europe sink Obama campaign?
May 23rd, 2012
08:07 AM ET
8 years ago

Election risk: Could Europe sink Obama campaign?

New York (CNNMoney) - Trillions in looming tax hikes and spending cuts. Washington saber-rattling over the debt ceiling. A slowdown in the world's second largest economy.

President Obama's re-election campaign may have to run through a number of potentially ugly economic events.


Filed under: Economy • President Obama
soundoff (15 Responses)
  1. Jerry

    I hope so!!! America CAN NOT afford four more years of lies and divisiveness promulgated by this clueless president and his equally clueless supporters, lapdogs and cronies.

    May 23, 2012 08:11 am at 8:11 am |

    Republicans are hoping for economic instability in Europe because they know that negatively affects our markets and ultimately hurts the President.

    May 23, 2012 08:12 am at 8:12 am |
  3. Hangar13

    It would only be fair for Obama to lose because of events totally beyond his control. After all, he was behind by double digits when he got the gift of the financial collapse in 2008, which was primarily caused by FNMA and FHLMC's reckless policies that Bush had unsuccessfully tried to rein in.

    May 23, 2012 08:18 am at 8:18 am |
  4. Rudy NYC

    The Euro zone is playing a part in holding back our own economic recovery. Europe is one of major trading partners.

    Conservatives love to point to Europe and say, "Look, that is going to be us with liberals in charge." I find that charge ridiculous because most countries in the Euro zone are run by conservatives, including conservative's poster child, Greece. Greece, where draconian austerity measures have stalled, and all but collapsed, their economy.

    May 23, 2012 08:32 am at 8:32 am |
  5. Gurgyl

    Leave Europe alone, focus on Africa, southeast nations for trade. Egypt, Syria, turkey, France, Italy need to wake up. Good news is we are getting strong dollar, good news. Nothing wrong with Moragan Stanley...I am glad fin. Reg. bill passed. Nation needs Term-Limits on congress/senate to root out corruption in USA!!! Obama12.

    May 23, 2012 08:34 am at 8:34 am |
  6. fred ca

    Ain't that America
    For you and me
    Ain't that America
    Something to see
    Ain't that America
    Obama follies
    For you and me

    May 23, 2012 08:36 am at 8:36 am |
  7. Larry L

    Americans in general understand very little about economics so it's easy for us to blame the sitting President for economic woes. It's easier when the Republicans actually planned to prevent improvement in our economy by overt obstruction of progress – just to gain political points with an undereducated voting base. The Paul Ryan plan shows their true colors with plans to trash Medicare, Social Security, and lower taxes for the rich. They won't tell you that on Fox News.

    May 23, 2012 08:43 am at 8:43 am |
  8. gt

    yes and same sex marriage too....

    May 23, 2012 08:47 am at 8:47 am |
  9. once upon a horse

    the GOP blames Obama for practically everything else that goes wrong so why not blame him for what is going wrong in Europe too. Makes sense to me.

    May 23, 2012 08:57 am at 8:57 am |
  10. Stuffit

    It is not just Europe he should worry about, look at the problems he has had in the primaries in WVA, AR and KY, place where he is running virtually unopposed and is just bare squeaking out wins. These folks know incompetence, ineptness and corruption when they see it.

    May 23, 2012 08:57 am at 8:57 am |
  11. ST

    It is only the matter of understanding the issue and also educating those who do not understand it. Whether it is Romney or Pres. Obama as president, the problem in Europe is not going to vanish overnight, which unfortunately affects the economy in USA. One has to ask himself for how long the economy uncertainty in Greece has gone, and how long will it take to last. Punishing Pres. Obama because of the mistakes which were done in Greece doesn't make any sense at all. And what is Romney (if elected) is going to do in changing the situation in Greece and Europe as a whole.

    May 23, 2012 08:59 am at 8:59 am |
  12. Dean

    Forget Europe. Conditions in the United States will sink the Obama campaign.

    May 23, 2012 09:02 am at 9:02 am |
  13. Marry

    Yes, there are financial / economic problems in Europe. Some are self-made, others the result of the failing financial markets in the US by the end of President Bush’s Presidency. But Europe is “problem- solving” oriented and they will succeed in solving them.
    As far as the US is concerned, Europeans like civilized, smart, polite and future oriented American Presidents like President Obama a lot better than the “vulture-capitalistic” approach and state of mind as presented by the GOP and Mr. Romney. They are more likely to promote these kinds of problems as long as they can make money off them. The GOP is not interested in long-term cooperation to benefit everybody – they have shown more often than not that they are only interested in the profits for a few rich friends. Even if it means “creating” a war as they have done before where people die – for a few bucks of profit for them!

    May 23, 2012 09:31 am at 9:31 am |
  14. Fair is Fair

    Election risk: Could wanting to be like Europe sink Obama campaign.


    May 23, 2012 09:32 am at 9:32 am |
  15. Data Driven

    Oh, I'm sure any any excuse to not vote for the black guy will suffice.

    May 23, 2012 09:50 am at 9:50 am |