Friday, April 06, 2012

50% Job Approval Rating for POTUS


Gallup: Reports on its daily tracking poll on the job performance for President Obama, today POTUS has a 50% Approval rating, while 43% Disapprove of the Obama record. This will make the Chicago re-elect committee happy, the question that has to be asked, is how deep is this support, what happens NOW that the election phase is in the General Election mode, that Mitt Romney is the Republican Nominee, YES folks, this blog is calling it over, it does not care much if Senator Santorum is in or out, this blog deals with the realities of politics. Let see the polls after the weekend, lets see if the jobs downer of today affects the results.

US Recovery in PERIL ?


Guardian: Reports on the stalled recovery in US unemployment, the article states the following, “ ..far below the figures most economists had been predicting. ”. Thus folks my political advice to the Oval last night, don’t use social issues in till later in the election cycle, today was the day to go on about the PILL, but that’s old news now, the political commentators from right to left will have return to the economy, as the Clinton Campaign stated in 1992, “ It is the economy stupid ”. The Oval’s main worry is if the Supremes throw out ObamaCare, when will Obama then run on, the promise to bring the issue back to Congress, that would not be a smart political move, or worse the Supremes could as this blog has predicted, throw out the individual mandate but keep the rest and throw the issue back to Congress, that would be an issue that most Democrats would not want to discuss again, thus Unemployment and ObamaCare are the major domestic problems that the Oval faces, either could sink the re - election Campaign.

The Oval and US Unemployment


The New York Times: Reports on comments by President Obama that there would be up and downs in US unemployment. What the Oval can not afford is for the Congressional Budge Office to be right, if US unemployment starts to go up then Obama is finished, using the pill as an attack on Republicans wont get him re-elected if US unemployment goes up to 9%. The perfect nightmare for the Oval would be if the US Supreme Court threw out ObamaCare, then the US economy looked like it was reversing, then if Spain needed a bailout, this would make Obama look like Jimmy Carter Mark 2. Also lets lot not forget Israel, if Israel attacks Iran then everything is in the air, as a wise UK PM once stated to a junior Minister, events, events, events, it’s the X factor of politics.

US Unemployment Rate down to 8.2%


BBC News: Reports that in March the US added 120,000 jobs to the US economy and lowered the US unemployment rate from 8.3% to 8.2%. At first glance this looks like good news, but the jobs added is lower than expected, this could mean that the US Congressional Budget Office could be right that US unemployment could start to raise again by the November election. The CBO predicted that US unemployment could be back at around 9% in this time period. This would be a disaster for the Obama Oval, it would mean certain defeat, lets see what April brings, and if the March figures are revised up or down. The Republicans can use this perceived bad news to attack the Obama economy, while the Oval can argue that the trend is good and this is just a hiccup in the process. Lets see who right folks.