2008 Election
2008 Election
If one could engineer a perfect economic storm, it would look much like the financial crisis of the late 2000s. The fact that it coincided with an election year increased the drama as both parties searched for an understanding of what had happened and how to fix it. The Democratic primaries promised drama regardless of the financial catastrophe, as New York Senator Hillary Clinton was poised to become the first woman to be nominated by a major political party. The primary election was tightly contested and each candidate sought the endorsement of political leaders. Ironically, the backing of leading talk show host Oprah WinfreyEntrepreneur, actress, and talk show host who rose to national prominence with her skill in addressing sensitive social issues and uplifting message of personal and community empowerment. Winfrey is one of the wealthiest Americans and perhaps the most independent public figure on television given her ownership of the company that produces her shows, Harpo Productions. may have been the most impartment endorsement of all. The support and publicity of Oprah and other public figures helped a first-term senator from Illinois rise from relative obscurity and secure the Democratic nomination. Barack ObamaA charismatic African American politician and former community organizer in Chicago whose improbable career led him to become the 44th president of the United States after only one incomplete term in the US Senate. inspired many with his charisma and message of “change” during the primary election. Obama became the first African American to secure the nomination of a major political party. The nomination led many to wonder if racial diversity had finally become a nonissue, or perhaps even a positive attribute in US politics.
Meanwhile, the Bush administration attempted to balance its attempts to promote Republican candidates with managing the financial crisis. The Bush administration fully endorsed the $700 billion bailout plan and supported additional measures to assist General Motors and Ford, along with AIG and many other large corporations. Between each of these bailouts and the increasingly unpopular war in Iraq, the failure to capture bin Laden, and growing sentiment that the Bush administration had jeopardized the economic health of the nation through deficits and deregulation of the financial industry, Bush’s approval ratings exceeded the lows of the Nixon administration. As a result, Republican nominee for president John McCain distanced himself from the Bush administration along with most of the rest of his party.
Figure 14.17
Chicago politician and Illinois Senator Barack Obama became the 44th President of the United States following his 2008 victory over Arizona Senator John McCain.
McCain was an Arizona senator with decades of experience, a fact that contrasted sharply with the much younger Obama, who was still serving his first term in the Senate. McCain was also a national hero who had endured years of torture in a prisoner of war camp in Hanoi. At one point during an early debate between a dozen candidates for the Republican nomination, McCain stunned his opponents with his straightforward response to a difficult question. Allegations that the United States had used techniques such as water-boarding to interrogate prisoners at Guantanamo Bay led to a heated discussion among the many candidates regarding the morality of torture to secure information that might derail a terrorist attack. After each candidate seemingly sought to outdo the other with tough talk about what they would do to US enemies, McCain solemnly replied that the United States could not stand for torture. The room went silent.
As a soldier, McCain had endured daily beatings for his refusal to sign his name to enemy propaganda that slandered the United States. As a candidate, he made it clear that his nation must not be guilty of the same crimes. McCain’s principled stand in opposition to the nationalistic posturing of his opponents reminded voters of his service to the nation and his willingness to stand up to his own party in the past. McCain had been branded as a “maverick” for his support of campaign finance reform and numerous other measures that were strongly opposed by the Republican establishment. Given the sudden unpopularity of that establishment in 2008, McCain’s unorthodox style resonated with voters and gave him an early lead in the polls.
Both candidates ran on a platform of “change.” The Obama campaign used the word heavily along with the elusive phrase “hope,” which appealed to many, given their frustrations with the Bush administration and what appeared to be the potential collapse of the banking system. As a young senator from Illinois, Obama had warned of the dangers of deregulation, which made him seem prophetic, yet the candidate failed to communicate a specific plan for how he would turn the economy around. The McCain campaign sought to emphasize its candidate’s reputation as a maverick to distance the aging senator from the unpopular Bush administration he had usually supported. McCain was most vulnerable on questions regarding the economy because he had supported most of the deregulation efforts that led to the financial collapse. He had also received significant campaign contributions from the director of a failed financial institution that was later arrested for trying to use money to influence government regulators. McCain was cleared on ethics charges in relation to the scandal but admitted that he had acted in a way that created the appearance of impropriety.
The 2008 election would demonstrate that race was still a major issue as Southern whites rallied behind Republican nominee John McCain in far greater percentages than other Republicans or conservatives had enjoyed. McCain’s outspoken vice presidential candidate Sarah PalinJohn McCain’s vice presidential candidate and former governor of Alaska who stepped down from office before her term was complete in order to pursue a career as a national political figure and consultant for Fox News. Palin alienated many moderates but retains a loyal following on the far-right of the Republican Party through organizations such as the Tea Party. quickly garnered the support of many evangelicals and the extreme right of the Republican Party, but these were not voters that were likely to support Obama’s candidacy. Palin’s folksy but clichéd polemics and unsubstantiated attacks on her opponent as a “pal” of terrorists soon galvanized the nation, with most moderates turning away from the McCain camp. McCain sought to distance himself from the often racist appeals of some of his supporters, but was perhaps too cautious in his efforts to do so while still profiting from their race baiting. Sarah Palin displayed even less finesse as she combined the tactics of Nixon’s early smear campaigns with the former president’s Southern Strategy, openly playing to white racial fears by creating the image that nonwhite America was using federally subsidized programs such as ACORN to capture the 2008 election.
The malice of the anti-Obama backlash the McCain-Palin campaign had encouraged soon expanded in ways that harmed the Republican campaign. Despite McCain’s belated attempts to correct misinformation about Obama’s religious beliefs and citizenship, the American people increasingly viewed the Republican candidates as responsible for the negative turn in the 2008 election. Obama responded to the backlash in such a mild manner that many minorities and liberal whites were disappointed. However, the future president’s continued optimism and charisma stood in increasing contrast to the attacks of his detractors. Late in the campaign, Obama delivered a well-received speech in which he asked Americans to make sure that race baiting would fail. “We can let race divide us,” Obama exulted, or “we can come together and say, ‘Not this time.’” In the end, Americans expressed unfavorable opinions about the techniques used by the McCain-Palin candidacy. The 2008 election also resulted in the first African American president as Obama won with 53 percent of the popular vote. The new president inherited the worst economic crisis since the Great Depression, record deficits, and two wars that defied all military solutions and had sharply divided the American people. Perhaps the president’s biggest obstacle, however, was finding a way to translate his lofty rhetoric and the extremely high expectations he had created into support for policies in an extremely polarized political climate.
The Economy
Polarization and the Obama Presidency
- Content created by Anonymous under a Creative Commons Attribution Non-Commercial Share-Alike License
- Original content contributed by Lumen Learning
If you believe that a portion of this Open Course Framework infringes another's copyright, contact us.