Monday, August 10, 2009

Weary of Pizzazz

Although California is among the bluest of blue states (Obama over McCain 61%-37% in the 2008 general election), Republicans are harboring hopes for 2010. The Chronicle quotes George Will:
"Although California is a blue state, it has had Republican governors for 30 of the last 43 years," he wrote. "The Republican revival nationally might begin here next year."
It’s no big secret why some may feel this way. After the Inauguration our problems weren’t solved; in fact they’ve gotten worse. Unemployment is over 10%, $20+ billion in State budget deficits have necessitated visible cutbacks in services (government offices are closed on Fridays), and individuals have taken huge hits to their net worth in real estate and financial assets. (Admittedly, the stock market recovery since March has improved investors’ mood to sour from panicky fear).

Unlike the Federal government, California can’t print currency, so further government expansion as a solution to its problems has hit a brick wall. Meanwhile, the private sector is shrinking as higher taxes and regulations have caused businesses to flee the State.

The high hopes of last year’s young and inexperienced dreamers have been tempered, if not dashed, by the real world. More government hasn’t made things better, and the party most closely identified with big government is dominant today but extremely vulnerable if conditions don’t improve.

However, generic conditions aren’t everything, we live in a personality-driven world. My personal tweet-takes on the candidates:

Jerry Brown (D) – State AG, former Oakland Mayor. Linda Ronstadt,‘70s tenure as Governor “Moonbeam.” Jesuit training, Lawyer. 2 years younger than John McCain.

Tom Campbell (R) – Business school dean, former Representative, socially liberal, economic conservative.

Gavin Newsom (D) – San Francisco Mayor, handsome jet-setter, 1st marriage to celebrity reporter, 2nd marriage to billionaire’s daughter. Gay-marriage advocate.

Steve Poizner (R) - State Insurance Commissioner, billionaire high-tech entrepreneur.

Meg Whitman (R) – ex-CEO of eBay, billionaire.

Republicans Poizner and Whitman have had outstanding success in business but lack a well-developed public image. In 2010 this may be an advantage to an electorate weary of pizzazz and eager for a resume with results.

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