Unemployment Rises – Obama Falling

The Obama campaign suffered another lethal blow today with the national unemployment report of a rise in unemployment on the doorsteps of Election Day.

Unemployment rose to 7.9%, higher than when Obama took office and evidence that four years of Obama’s leadership has taken our economy nowhere but backwards.

House Majority Leader Eric Cantor said, “Today’s unemployment report is a stark reminder that President Obama’s economic policies are failing. America needs a new direction. When President Obama took office, unemployment stood at 7.8%, and today it is 7.9%”

Obama’s plan has been nothing more than more of the same, added Cantor, saying “more regulation, higher taxes and bigger government. So long as President Obama’s policies remain, so will the negative results.”

This is a crushing report, especially in the states where the campaigns are centering their efforts, like Pennsylvania, where Obama is being outspent by Romney et al $11 million to $2 million. Obama won PA by 10 points in 2008, but it’s a toss up now, according to Real Clear Politics.

Rising unemployment is just the thing that could tip PA to Romney’s side. It’s not an ideological state. It’s a blue collar, “who can put me to work” state.

Can’t find a President who won re-election with rising unemployment in his face. Will Obama make history or be history?

  • Your absolutely right, Brian, and Mitt Romney didn’t miss it either. Here is his statement:

    “Today’s increase in the unemployment rate is a sad reminder that the economy is at a virtual standstill. The jobless rate is higher than it was when President Obama took office, and there are still 23 million Americans struggling for work. On Tuesday, America will make a choice between stagnation and prosperity. For four years, President Obama’s policies have crushed America’s middle class. For four years, President Obama has told us that things are getting better and that we’re making progress. For too many American families, those words ring hollow. We can do better. We can have real economic growth, create millions of good-paying jobs, and give middle-class families the security and opportunity they deserve. When I’m president, I’m going to make real changes that lead to a real recovery, so that the next four years are better than the last.”

  • George Allen released this statement:

    Today George Allen released the following statement in response to the Department of Labor’s unemployment report for October showing the unemployment rate worsening to 7.9 percent:

    “This jobs report is a reminder of the Obama/Kaine policies that have diminished job opportunities for Americans. The American people deserve much better opportunities,” said George Allen. “As Democrats’ national party chairman, Tim Kaine supported the policies that have left us deeper in debt, with a bigger government and over 20 million Americans unemployed or underemployed. Now another 200,000 jobs are threatened because of the debt deal Tim Kaine said was the ‘right thing to do.’

    “While my opponent has tried to talk about everything but jobs, my campaign has been based on a pro-jobs growth plan, my Blueprint for America’s Comeback. We can create over 500,000 new jobs a year with a more simple, fair and competitive tax code, reasonable regulations, and unleashed American energy resources and empowering education policies. I will stand for Virginia jobs by stopping these devastating defense cuts. I want to be Virginians’ voice in the U.S. Senate because I know my job is to fight for their jobs.”

  • Barack Obama promised in 2008 that unemployment would be 5.2% by now. Just another way he failed. At least we can believe him when he says he doesn’t do math.

  • Geoffrey Chambers

    “Another lethal blow.” Dream on. See you on the other side when your fatally flawed car salesman goes down to defeat.

    • Geoffrey, looking forward to seeing you comment on the site, no matter what the outcome. I really am interested in your thoughts if your prediction turns out to be inaccurate. We’ll see what kind of person you are.

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