While we’re only two months away from center stage in Beijing for the Olympics, on this shore there’s a bigger more pressing story. As the summer heats up, so do the politics. Barack Obama will be the Democratic candidate for presidency so one can only wonder how the upcoming election and new president will impact our economy.
As he clinched the nomination the NY Times reported the following:
A last-minute rush of Democratic superdelegates, as well as the results from the final primaries, in Montana and South Dakota, pushed Mr. Obama over the threshold of winning the 2,118 delegates needed to be nominated at the party’s convention in August. The victory for Mr. Obama, the son of a black Kenyan father and a white Kansan mother, broke racial barriers and represented a remarkable rise for a man who just four years ago served in the Illinois Senate.