¹Northeastern University

Abstract

It was called the most important election since the Great Depression. The policies of the Bush administration established the storyline for the presidential election and determined its outcome. This could be seen in three areas: a failing economy, the continuing wars in Iraq and Afghanistan, and the expansion of executive powers. In particular, the collapse of the financial industry in the fall of 2008 correlated with the increases in the Democratic vote. The Bush presidency should be considered transformative, a highly significant period in American history. Not only did it set the agenda for the election, pitting an advocate for change (Barack Obama) against a candidate committed to continuing the Bush policies (John McCain), it also dictated the problems the in-coming administration would have to deal with.