Campaigning across Ohio on Thursday, President Obama walked a line between talk of economic optimism and expressions of economic realism. On Friday, reality hit home with a vengeance as the latest jobs report showed the economy added just 80,000 jobs in June and that the unemployment rate was unchanged at 8.2 percent.
A month ago, the nation’s May jobs report was a shocker, not just because the number of new jobs added--69,000--was so dismal but also because it was far below forecasts. Friday’s report was less surprising--it fell well within the bounds of predictions--but it may have carried as much or more weight politically for the president because it fell in with a months-long trend of weak economic growth.
Comments
What is shocking is that Obama is still leading in the polls. How can he even remotely come close to be re-elected. Regardless what party you affiliate yourself with, or how "nice a guy" he may seem to be, he's simply not competent to be president. I guess he's really intelligent (so was Jimmy Carter they say), but it sure seems like his lack of any meaningful experience for the role does, in fact, mean something. I truly hope for the sake of my kids and my country that we as the electorate are smart enough to admit we made a mistake last time, and fix it in 2012.