Obamas 2.5 Percent Stall

Michie · Apr 24, 2012

Wall Street headlines are full of fears of a springtime stall for the already subpar economic recovery. And if that werent bad enough for Obamas re-election chances, a spate of new polls show Mitt Romneys economic-approval ratings are far outdistancing the presidents.

Even while the headline surveys basically show an Obama-Romney tossup, it will be very difficult for Obama to pull out a victory this fall.

Traditionally, incumbents who poll below 50 percent are in trouble. And with Obama consistently in the mid-40s, he has a tough uphill climb ahead.

Of course, a subpar recovery has kept the presidents re-election hopes in doubt for some time. Former Bush economist Ed Lazear calls it the worst recovery in history. OK. That may be a partisan shot. But actually, the data points bear this out.

At roughly 2.5 percent growth, the Obama recovery is way below the 4.5 percent average since World War II. And within Obamas 2.5 percent economy, polling data show high voter anxiety over gas prices, home values and the ability to pay mortgages. Voters even worry that they wont be able to afford to send their kids to college.

Continued- http://catholicexchange.com/obamas-2-5-percent-stall/

Obamas 2.5 Percent Stall

Michie

Well-Known Member

More options

Similar threads

Obamas 2.5 Percent Stall

Michie

Well-Known Member

Similar threads

Privacy & Transparency

Privacy & Transparency

Obamas 2.5 Percent Stall