Saturday, June 4, 2011

Economy is Rough Road for Obama

Economic issues are the toughest for a president seeking reelection. That's why whoever wins the GOP nomination will have an excellent chance of beating Obambi.

See LAT, "With economy stumbling, Obama hails auto industry bailout":

Reporting from Toledo, Ohio — Facing a cascade of slipping economic signs that could endanger his reelection, President Obama sought to shift attention to a decision he made early in his term that appears to be paying off: bailing out the auto industry.

Obama's appearance Friday at a Chrysler plant in this politically important state showed how few economic stories he can highlight. New figures Friday showed unemployment rose to 9.1%, the second straight month that the jobless rate climbed. Speculation grew that the economy might slip into another recession, which would hurt families nationwide just as the 2012 campaign begins.

Obama's trip — his 13th to Ohio since his inauguration — follows a week's worth of coordinated messages in which administration officials depicted him as being able to make the "gutsy" decisions that should give voters confidence in uncertain times.

Drawing attention to the auto bailout would have been risky at one point. Before the 2010 midterm elections, independent voters disdained bailouts, deficits and stimulus measures.

But Democrats now believe the auto bailout in particular is a way to distinguish themselves from Republicans. They see government intervention as an important tool in protecting both workers and business from the shocks of unfettered markets, and they believe voters buy that argument.
Ohio. It's a key battleground state, with 18 electoral college votes. Keep your eye on the Buckeyes over this next 18 months. Obambi will be traveling up that way a lot more.

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