” The real unemployment rate — the rate when you factor in those who have given up looking for a job or are underemployed — sits at almost 15%. Real wages have declined. Gas prices have soared. While the Obama team would like to trumpet the recent dip in the official unemployment rate to below 8%, the fact is that many Americans do not feel like a recovery is underway.
President Obama’s promises from the 2008 campaign have come back to haunt him. For example, he promised healthcare premiums would go down under his plan — they haven’t, pinching families even harder in tough economic times. He promised he would have us on the road to independence from foreign oil — and though he has benefited from the discovery of shale gas, prices at the pump have skyrocketed, and the optics of holding up the pipeline from Canada further dispels his narrative.
President Obama promised his stimulus package would create 5 million new “greenjobs.” Instead, the American taxpayer has been left holding the bag for billion-dollar boondoggles like Solyndra, with the grant process having heavily relied on a series of losers
- One day to go: Obama, Romney make their final case (news.yahoo.com)
- Despite 171,000 new jobs, US unemployment rate rises (thehindu.com)
- How to use the jobs report to make any case you want for Obama’s reelection chances (qz.com)
- The Battle Over Ohio’s Unemployment Rate (nationalreview.com)
- Romney Slams Obama on Unemployment Rate (voanews.com)
- Will the October Jobs Report Help President Obama? (usnews.com)