Why the Economy Will Dominate the 2008 Presidential Election?

While social issues dominated in 2000 and “the War on Terror” in 2004, this year’s Presidential Election hot topic will be the economy. In the past year, the U.S. consumer has struggled with higher energy costs, gasoline prices near or above $3.00 a gallon, and a tightening of credit requirements, in order to qualify for a loan.

In 2008, many Americans are crying “broke.” Instead of touting social conservative values, as a number one concern, a lot of citizens of this country seem to be more preoccupied with paying their car loan or mortgage, at this time. It is a story that can be heard from the east to the west coast or from those living in the Midwest. Good job opportunities appear to be drying up and companies are less willing to award employees with big raises. In addition, many of us have been asked by our employers to share more of our healthcare insurance and overall healthcare costs.

Today, Americans are paying closer attention to the U.S. economy and the fiscal policies of the current Administration. Therefore, the remaining fours political candidates left in this year’s Presidential Election have and must continue to focus their campaigns on solutions to address the current economic woes that are many facing our country. Otherwise, the American people, even if they disagree with a candidate’s views on social issues, they might be inclined to vote for a candidate that will encourage more favorable policies that could spur economic prosperity for individuals and businesses.