Deciding Factor in 2012?
Obama Should Be Next in
Line to Lose His Job
HE DAY BARACK OBAMA WAS ELECTED PRESIDENT, the unemployment rate was 6.8 percent. Two- and-a-half years and a 40 percent increase in the national debt later, the fi gure has climbed to 9.2 percent. Over 14 million Americans are out of work, and many others are “underemployed.” If you include those who have given up on fi nding a job, that number increases to 17.3 percent of the labor force. From “change you can believe in” to “revolution you must pay for,” Obama’s policies, like the failed stimulus, have cost trillions and created few meaningful jobs. Joblessness is compounded with a downturn in consumer spending, which is 33 percent lower now than it was three years ago. Two years after the so-called “recovery summer” 68 percent of Americans believe things are still getting worse, a fi gure 11 percentage points higher than on last Election Day.
T
Red State View By Kellyanne Conway
Jobs and the economy have been the top concern among Americans in everyone’s polls for three years now. It dominated the 2010 elections that delivered historic gains to candidates who promised to rein in spending, lower taxes and the national debt, and reward, not punish, job creators. The issue remains the same, and will spillover into the 2012 elections as well. Obama’s ratings on every economic issue show more Americans disapproving than approving his management. His fl ippant blame of the stalling economy on the Euro; oil companies; and that favorite piñata, George W. Bush shows a lack of specifi c solutions. More than half of the public (57 percent) believe recovery has not even started two years after the recession’s technical end.
A major recovery is unlikely. In April this year, it was noted that 247,000 jobs would need to be added per month in order to reach by Election Day the 7.2 percent unemployment fi gure that helped President Ronald Reagan get re-elected in 1984 following a poor economy and signifi cant midterm losses. Not going to happen. In April, 217,000 non-farm jobs were added, but in May and June, only 25,000 and 18,000 were added, respectively. Growth in the fi rst half of this year was just 2 percent.
The summer’s epic debate over the debt ceiling elevated “cut, cap and balance” — a trifecta that CNN polling showed was supported by the public. Obama’s approach to the crisis compelled The New York Times to say Obama is “in danger of seeming a spectator at one of the most critical moments of his presidency.” Even the youth who helped elect Obama fi nger him as culpable in the 17.3 percent unemployment rate among 16- to 24-year-olds. A recent poll conducted by the polling company, inc. for Generation Opportunity shows that Obama’s handling of youth unemployment has 44 percent of 18- to 29-year-olds disapproving and 31 percent approving. In the same survey, about 70 percent said that the preference for addressing budget issues is to reduce spending and that our nation’s debt is the most urgent national security concern. Since the Depression, only Ronald Reagan has won re-election with joblessness over 6 percent. Short of an employment boom and economic miracle, the next victim of Obama’s job-killing policies will be Obama himself.
Kellyanne Conway is president and CEO of the polling company, inc./WomanTrend and a television commentator.
SEPTEMBER 2011 / NEWSMAX 39
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