Ideology aside, I think it all comes down to the Stock Market. Have you noticed that Obama’s ratings go up with the Market is up and down when its down? I have. And you can be this Fall that they will pull out all the stops to make the Market go through the roof.
How? A stimulus program? Yeah, that worked so well the first time. Lower interest rates - they can't get much lower. Market manipulation - well no doubt Soros will be trying, but even he has limited money.
Flaunting fashion over fiscal responsibility