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To: Jim from C-Town
"The way that Obama is strangling the private sector, Unemployment above 7% is a given. At 7% he will be lauded as the savior of the world. I think it is safe to assume that Unemployment at or near double digits is a certainty. It is virtually impossible for businesses to hire in the unpredictable climate that Obama is foisting upon the business sector."

I probably should have picked 8%. I don't even think unemployment was at 8% when GHWB's approval rating tanked from a near 90% approval after Gulf War I.

If unemployment is at double digits, as you predict, Obama might not even carry California. You can "shine on" on the public for only so long. When one in ten Americans is out of work (that actually want to be working), that's not a political crisis, that's political immolation.

No way would Obama survive double-digit unemployment in a campaign, no matter how badly the media would shill for him.

164 posted on 07/02/2009 5:16:56 PM PDT by OldDeckHand (Palin/Petraeus in '12)
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To: OldDeckHand
“No way would Obama survive double-digit unemployment in a campaign, no matter how badly the media would shill for him.”

I think you are right, but then again FDR won three times while unemployment was over 15%

Also actual UE is near 15-16% and rising with no end in sight. i think if we get any recovery, IE Unemployment spikes at 12% in December/January And slowly stabilizes and falls to 9.5% in spring 2011, the MSM will canonize him because he has Green Shoots. Look at what they did today. 467,000 people loose their jobs and and it is good news because unemployment is only 9.5% instead of 9.6%

176 posted on 07/02/2009 5:30:40 PM PDT by Jim from C-Town
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To: OldDeckHand

No way would Obama survive double-digit unemployment in a campaign, no matter how badly the media would shill for him.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

He who owns the Gold makes the Rules.

He who owns the Administration makes up the CPI and the Unemployment figures.

Just sayin’

Omronnie


216 posted on 07/02/2009 7:22:33 PM PDT by omronnie (The Fourth Estate is a Fifth Column, Peacefull Islam the Sixth, and Murtha/Hildabeast the Seventh)
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