Obama’s “misguided” agenda will lead to a Democrat disaster in 2010

Contrary to some reports, the Republican sweep of Tuesday’s governor’s races in New Jersey and Virginia is not a direct rebuke of President Obama, according to Leo Hindery, managing partner of InterMedia Partners. Indeed, a Democrat won New York’s 23rd Congresional District for the first time since 1872. (Yes, 1872.)
But even Hindery, a former advisor to President Obama and John Edwards’ senior economic policy advisor, can’t deny the Democrats have stumbled.

“The lesson is simple: It’s the economy, stupid,” Hindery says. “Healthcare reform is an important issue…but the priority was misguided. I’m a strong advocate of universal healthcare but would have put it behind employment.”

The issue is not so much the Obama administration hasn’t created jobs but unemployed Americans “do expect the appearance is every effort is being made to reemploy them,” he says. “I think we got away from that perception [due to] the overemphasis on healthcare.”

As a result of these misplaced priorities, Hindery says the Democrats are likely to lose “large numbers” in the House in the 2010 mid-term elections.

The former CEO of AT&T Broadband (and it’s predecessor TCI) holds this view in part because he doesn’t think the economy will look much better a year from now, especially on the jobs front.

Hindery foresees the recession lasting into 2011 and an “L-shaped recovery” when it comes to jobs. This jobless recovery will be unprecedented in both its scope and duration, he predicts, as we’ll discuss in more detail in a forthcoming segment.

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Sheri says:

November 5, 2009 at 10:39 pm

Obama and the Democrats don’t care about the voters. Everyone who cares about this country needs to go to the polls and vote them out next year. Hopefully, it will be a democratic bloodbath in 2010.