Wall Street weakly, or how and when Obama won the presidential race

January 1, 2009

Wall Street weakly, or how and when Obama won the presidential race

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At least as far back as spring 2007, some observers regarded the 2008 presidential election as a foregone conclusion. With President Bush’s approval rating hovering around 35 percent and large majorities of the public unhappy about the situation in Iraq, anything but a booming economy would make the Democratic nominee’s job an easy one. So ran conventional wisdom.


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Research Area: Politics & Government

Policy Initiative: none

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