Job Report a Good Thing for Obama

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A job report released on Friday is good news for President Obama.

David Lauter who write for the Los Angeles Times wrote that if President Obama gets reelected this November, this job report will be remembered as the turning point for his campaign.

Employment rose by 243,000 jobs and the unemployment rate edged down to 8.3% from 8.5%. Furthermore, most of the jobs were created in the private sector.

This might undermine Mitt Romney, who has been using the dipping economy and high unemployment rate as the heart of his campaign and has been repeated saying that Obama has "failed" in trying to create new jobs in the private sector.

President Obama's term did have a positive outcome even though he had to face a republican- majority congress, deal with health-care and not forgetting major foreign issues like China, Syria and the European Union's debt crisis. Meanwhile Mitt Romney, who is being heavily funded by multi-millionaires and billionaires, made comments that "the poor" is not of his concern. Who are you going to vote for this fall?

To watch the breakdown of the job report: http://edition.cnn.com/video/#/video/bestoftv/2012/02/03/ym-swonk-jobs-report.cnn?iref=allsearch

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This page contains a single entry by shamx007 published on February 4, 2012 5:44 PM.

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