Obama moves U.S. unemployment rate to 3-year-low
- Created Jan 06, 2012
Republican efforts to block economic growth for political gain appear to be failing. A new report shows that under the Obama Administration, the unemployment rate has fallen to a level not seen in three years.
“The U.S. job market strengthened in the second half of 2011, and added 200,000 jobs in December while the unemployment rate fell to 8.5% from a revised 8.7% a month earlier,” according to USA Today.
The new job numbers take much of the bite out of GOP election year rhetoric that blames President Obama for slow economic growth. It also dispells the validity of republican claims that the wealthy need more tax breaks in order to create jobs.
If the unemployment rate continues to fall and the US economy maintains its course on growth, Barack Obama may be closer than ever to winning re-election.
Political spin works well as a tool to motivate fear among the general population. But what really influences voters is personal.
When Americans see their paychecks remain steady and their lifestyles improve, what politicians say becomes far less important than what they do or don't do.