So aside from my very bad pun (my dad found it quite clever!), Barack Obama presents the world with a last bastion of hope for the US’ last 8 years of ‘failure’. Now some of my friends will be reading this, and will be wondering – hey, isn’t Nam a right wing, rascist, white conservative wannabe? – and the answer is: No, he is not. Now I’m just simply an idealist pragmatist – if that makes sense. But aside from that, once the hysteria of having a black president dies down, reality will set.
This election was different in the last few months. We’ve seen several things on both campaign’s agenda, including the War in Iraq. It is amazing to note the effects of these campaigns: Pensylvania is a swinging state, primarily Roman Catholic, and abortion was a big issue in 2004. This year, none of those civil liberties issues were a dominant factor in this year’s election; the economy was the final push in determining the President elect.
So what effect does that have for Australia? Now some radical republicans, including my African American friend ADL (yes, he really is black – no offense) believes that Obama’s heading in a isolationist direction. Now the last time they had that, there were two world wars. That may be an extreme way of looking at things, but it certainly has its effects on Australia’s economy. I have no doubts that Australia can pull itself through this recession, Australia always does, but Obama will have to worry about the current housing problems and high unemployment in some parts of the US – part of his election promises. That leaves Australia out, and to be honest, we’re not a big player, a good friend nonetheless.
Now I find it somewhat bewildering at how Australians have not come to realise this reality, that we will not enjoy the boost we had to our economy in the last 8 years during the Bush administration, and I doubt that the AUD will reach 97 USD any time soon. But we must remember, that although he is a black US president, he is a president nonetheless, and it does have an effect on our economy. Now as an idealist, I love the idea of having a black president, and being Vietnamese, that’s not too far from having an Asian president (fingers crossed). But just remember, to analyse the dramatic effect that the US has on Australia – and anyone who says that we can rely on China is a fool, the US provides the world direction.
DISCLAIMER: If you have not already realised, this is a serious post.