In the next few hours, analysts will dissect into the strength and weaknesses of the arguments of the two contending presidential candidates. Moderated by Jim Lehrer of PBS, in this first debate, the issues center on the economy and the foreign policy. Sen. Barack Obama and Sen. John McCain cross horns at the University of Mississippi on Friday September 26, 2007 to make their positions known and hopefully earn them votes to win the presidency.
There are arguments to be won for each side, but the final arbiter will be people’s decision on who is the better candidate to be the next US president. The second and third presidential debates are scheduled in Belmont University in Nashville, TN on October 7 followed by the last on Oct 15 in Hofstra University in Hempstead, New York.
Before this first debate, Obama leads against McCain, a windfall from the shock waves caused by the financial meltdown of Wall Street that has brought uncertainty to the US banking system. The economic repercussions of the chaos and uncertainty which ensued have left the world guessing where the economic downturn will end.
If the proposed bail-out by the government on the ailing financial institutions works, the problem will die down without much damage to the public. If the problem lingers, a recession of a magnitude greater than the Great Depression can result in world instability and hardship. This causes tremendous unease in other countries, especially among the fragile ones which can suffer most in a global recession.
Whichever side one looks at the debate, a finer realignment of the electorate will happen. For the disengaged and uncommitted, the debate is a tie. At first glance, Obama has won in the economy part and McCain had an upper hand on the homeland security part.
What the public watches now is the recalibration that can change the outcome of the polls. The Democrats has learned that this election isn’t an easy win even if the Republicans have suffered the tumult brought by the economic downturn. It is the foremost worry of majority of Americans. At this time, an informal poll at AOL website shows McCain leading, but at Yahoo website Obama has an upper hand. (Photo Credits: Cookthinker; AP; Mike Cline) =0=