In 2000, Clinton fatigue gave way to the inexperience of George W. Bush.
In 2008, will Bush fatigue give way to the inexperience of Barack Obama?
The Economist Magazine sets the table for the (hopefully) forthcoming discussion of "what that might mean".
Their highlights pro:
His immediate effect on international relations could be dramatic: a black president, partly brought up in a Muslim country, would transform America's image. And his youthful optimism could work at home too. After the bitterness of the Bush years, America needs a dose of unity: Mr Obama has a rare ability to deliver it. And the power of charisma should not be underrated, especially in the context of the American presidency which is, constitutionally, quite a weak office. The best presidents are like magnets below a piece of paper, invisibly aligning iron filings into a new pattern of their making. Anyone can get experts to produce policy papers. The trick is to forge consensus to get those policies enacted.And con:
But what policies exactly? Mr Obama's voting record in the Senate is one of the most left-wing of any Democrat. Even if he never voted for the Iraq war, his policy for dealing with that country now seems to amount to little more than pulling out quickly, convening a peace conference, inviting the Iranians and the Syrians along and hoping for the best. On the economy, his plans are more thought out, but he often tells people only that they deserve more money and more opportunities. If one lesson from the wasted Bush years is that needless division is bad, another is that incompetence is perhaps even worse. A man who has never run any public body of any note is a risk, even if his campaign has been a model of discipline.