By Ove Overmyer
Barack Obama’s historic presidential election victory comes with a booby prize — an economy reeling under a stubborn housing slump, two wars and the worst financial crisis in 70 years.
Consumers and businesses are sharply reducing their spending and the government is awash in red ink as we enter into the retail holiday season.
“Obama will inherit an economy that is in recession and… is likely to get worse before it gets better,” said Harry B. Bronson, Monroe County Legislative Minority Leader and legal advisor for the New York State Assembly Labor Committee. Bronson is also an attorney at law and a small business owner in Rochester. He added, “It is going to take bold and creative thinking to rebuild our standing as a world leader and partner in international affairs.”
According to leading economic advisers, they project the federal government will need to borrow an additional $368 billion in the first quarter of 2009.
A manufacturing report issued by Thompson Reuters showed the worst indicators since September 1982, when the country was in a deep recession.
The government reported in October that the overall economy, as measured by the gross domestic product (GDP), shrank at an annual rate of 0.3 percent in the July-September quarter. Two straight quarters of lower GDP generally mean a recession, and many economists expect the fourth quarter to be worse than the third.
Major Wall Street firms projected the deficit will hit $988 billion for the current budget year, more than twice the record. In July, the administration projected a deficit for this year of $482 billion, but that was before the financial crisis erupted in September.
Supporters of the government rescue packages argue that the ultimate cost to taxpayers should end up being a lot smaller, partly because the Federal Reserve is extending loans to banks that should be paid back.
Local Democratic Assemblyman David R. Koon (D-135), who was just elected to his sixth term to the state legislature, said the number one issue on voters’ minds is the economic downturn. Dennis O’Brien, who is a legislative aide for Koon, said that residents from their district want answers about the Wall Street bailout and that’s what President-elect Obama should focus on in his first one hundred days. Koon represents the towns and villages of East Rochester, Penfield, Webster and Fairport.
State Senate flips to a Democratic majority
The single most powerful institution in the history of New York state politics has fallen: Senate Republicans have lost the majority after controlling the chamber for all but one year of the past seven decades.
Democrats seized two seats from the Republicans and picked up one vacant seat. Additionally, they protected their most hotly challenged incumbent, while the GOP picked up one vacant seat and preserved two hotly contested Republican seats.
Democrats now hold 32 seats in the state Senate, Republicans hold 29, with one seat that is too close to call as of today.
Bronson says the LGBT community could not ask for anything more. “All the hard work has paid off — we have laid the foundation to bring about fundamental change in Albany,” he said.
Pride Agenda lobby yields results
The Empire State Pride Agenda (ESPA) had two big goals with this year’s elections for the NYS Assembly and State Senate. The first was to make sure that no Assembly member who voted for marriage equality legislation in 2007 and the Gender Expression Non-Discrimination this year lost their seat and none did.
Secondly, ESPA wanted to replace two anti-LGBT State Senators with pro-LGBT State Senators and, by accomplishing that feat, put in place a new majority leadership in the State Senate that is committed to working with the community on LGBT issues. The New York Times recently commented on the clout of the LGBT community in New York politics this year.
Allan Van Cappelle, executive director of ESPA, said that promises were made this election cycle and promises were kept. In a prepared statement on Nov. 5, Van Cappelle said, “We should all take pride in these incredible accomplishments here in New York State. None of this could have happened without hard work building support for our issues where we live.”
In Queens County, Democrat Joseph Addabbo beat the incumbent Serphin Maltese, who is the lead sponsor of the so-called “Defense of Marriage Act” and a longtime homophobic member of the State Senate. In Suffolk County, Democrat Brian Foley beat 36-year incumbent Caesar Trunzo, who is also a sponsor of DOMA.
Locally, Republican incumbent Joseph Robach, who does not support marriage equality, beat Democratic challenger Rick Dollinger in the 56th Senate District race by a 52 percent to 48 percent margin. Some pundits would argue that having a Republican senator from Rochester in the minority will adversely affect the taxpayers of the district. The 56th District includes major portions of the city of Rochester and the towns of Brighton, Greece and Parma.
Victory Fund shows clout
In an e-mail message to supporters, Victory Fund CEO & President Chuck Wolfe said that 2008 was a watershed election. Wolfe said, “Not only did the United States elect its first African-American president, but voters across the country cast ballots for openly LGBT candidates from the local level to the federal level. In fact, more than 70 percent of the Victory Fund’s endorsed candidates in 2008 won their elections.”
The Victory Fund endorsed 111 candidates in 2008, with 78 winning their elections; 35 percent of the endorsed candidates were women and 18 percent were people of color.
Californians vote to take away marriage rights
In an election otherwise full of liberal triumphs, the gay rights movement suffered a stunning defeat as California voters approved a ban on same-sex marriages that overrides a recent court decision legalizing them.
The constitutional amendment — widely seen as the most momentous of the nation’s 153 ballot measures — will also limit marriage to heterosexual couples; the first time such a vote has taken place in a state where gay unions are legal.
The vote created uncertainty about the legal status of 18,000 same-sex couples who tied the knot during a four-month window of opportunity opened by the state’s highest court.
LGBT families had a rough election elsewhere as well. Ban-gay-marriage amendments were approved in Arizona and Florida. Also, Arkansas voters approved a measure banning unmarried couples from serving as adoptive or foster parents. Supporters made clear that gays and lesbians were their main target.
In California, with 95 percent of precincts reporting the day after the election, the ban had 5,125,752 votes, or 52 percent, while there were 4,725,313 votes, or 48 percent, opposed.
NGLTF and HRC respond
Rea Carey, executive director of the National Gay and Lesbian Task Force says although Barack Obama has been elected president of the United States, marriage bans that passed in California, Arizona and Florida and an adoption ban passed in Arkansas are “devastating.”
Carey added, “Whatever finally happens in California, the losses in Arizona, Arkansas and Florida are devastating to say the very least. But here at the Task Force, we’re picking ourselves back up, dusting ourselves off, and getting right back into the fight for our equality and freedom.”
Joe Solmonese, President of the Human Rights Campaign was also deeply disturbed by the outcome. He said, “It is indeed a bitter pill to swallow. But we cannot allow distorted facts or shallow tactics – the foundation on which our opponents built their campaigns – to break our spirits. We are on the right side of history – and we will continue this journey.”