Good news for Obama
The Labor Department released unemployment figures that showed a drop from 8.1% in August to 7.8% in September. Incidentally, the rate was the same when Obama was sworn into office in January 2009.
More good news came Friday when the Congressional Budget Office announced that the federal deficit dropped by more than $200 million this fiscal year. It remains above the $1 trillion mark, but at least things seem to be moving in the right direction.
With any luck, these positive figures will help energize a campaign that seems to be losing steam in areas that do not include fundraising. Obama is constantly blamed for contributing to America‘s economic woes, but it remains to be seen if he will receive any credit for these recent improvements.
I certainly doubt it. And I’m sure Romney’s advisers will find a way to spin this in a negative way, too. November can’t come soon enough…
Posted on October 7, 2012, in Perspectives and tagged Barack Obama, commentary, current-events, economy, Mitt Romney, national deficit, news, perspectives, politics, United States, United States Department of Labor, White House. Bookmark the permalink. 2 Comments.