August 4, 2012
HISTORY IS A TOUGH TASKMASTER:
Why President Obama needs to make history in 2012. Again. (Chris Cillizza, 08/03/2012, Washington Post)
[T]he July jobs report affirmed the now-certain reality that the unemployment rate won't drop below eight percent between today and November. And no sitting president since World War II has been re-elected with the unemployment rate above 7.2 percent.The numbers are daunting for Obama. The unemployment rate has been above 8 percent for 42 straight months-- its longest period ever.
Posted by Orrin Judd at August 4, 2012 8:59 AM
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