Final Pre-Election Jobs Report Is Not Good News for Obama

Final Pre-Election Jobs Report Is Not Good News for Obama

In some sense, the President is fortunate. I predicted a long time ago that he would win re-election if the unemployment rate was under 8 percent.

Well, the new numbers just came out and the joblessness rate is 7.9 percent.

So even though his stimulus failed, and even though his class-warfare tax policy is like a dark cloud over the economy, and even though his plans to further increase the burden of government spending will accelerate America’s...