Tuesday, October 19, 2010

US Unemployment at 10% - Mid Term Elections

Gallup: Reports that in Mid - October the US unemployment rate is at 10% and by end of the month the Government figure will be between 9.7% - 9.9%. This will not be good for Democrats, after the Mid Term Elections the Oval really has to think about getting people back to work, Obama knows that US elections start early these days, in fact after the 2012 race starts on November 3rd 2011. The question is can President Obama pivot to the centre, does he understand that the new centre in US politics is to his right, the US voter wants the Oval to get people back to work, Reagan got Reagan Democrats back to work by cutting taxes, the Oval is for getting taxes up, can Obama keep his base but also get tax cuts through a Republican Congress that does not want to give him any credit. Also the Congress will try to repeal ObamaCare, what will Obama do, veto the bill or reform the bill, that will decide if President Obama wins in 2012.

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