By the Left Coast Rebel
Once again, the obvious and honest from the British press.
Nile Gardiner writing at The Telegraph:
Many political leaders in Britain fail to understand the degree to which the American people are deeply unhappy with their president’s poor handling of the economy. Nor have they grasped the epic scale of the defeat suffered by the president in the November mid-terms, and the emphatic rejection by a clear majority of Americans of the Big Government Obama agenda.Lots more at the link. On the same topic, we have Binyamin Appelbaum at the New York Times:
WASHINGTON — No American president since Franklin Delano Roosevelt has won a second term in office when the unemployment rate on Election Day topped 7.2 percent.It's pretty obvious that the jobs picture is toast at this point. The One's reelection is anything but certain in large part due to that, combined with his socialist policies that have created massive disarray and a recovery that isn't, and a historic backlash to big-government largess that threatens our way of life.
Seventeen months before the next election, it is increasingly clear that President Obama must defy that trend to keep his job.
Roughly 9 percent of Americans who want to go to work cannot find an employer. Companies are firing fewer people, but hiring remains anemic. And the vast majority of economic forecasters, including the president’s own advisers, predict only modest progress by November 2012.