Quote:
Originally Posted by ChasC5
Here's another ... look and see when the change was really happening  |
We got good news today with the 8.8% unemployment rate.
That down a full point since we were at 9.85 last November.
We can now safely say we are past the peak and into the downturn.
IF we have no hiccups, the unemployment rate COULD be down to around 7.5% by the time the election rolls around in November 2012.
Low enough for Obama to sell his presidency, yet still high enough for his challenger to sell a new administration as being the best option.
Going to be interesting.
Hitting 7.5% at least is KEY for Obama. He inherited 7.6. If the Republican challenger can hammer him on unemployment being higher than when he took office STILL during the 2012 campaign, Obama is toast.