Obama is FCKED: No president has won re-election with a jobless rate higher than 7.4%,
No president since the Great Depression has won re-election with a jobless rate higher than 7.4%, and the latest Labor Department report says the current rate has now ticked up to 8.2%. It's hard to see that number falling 0.8 percentage points or more by the time the Nov. 6 election between Obama and Mitt Romney rolls around.
Comments
I thought the actual jobless rate was higher than that.
"The heck is Skil doing in PO?!"
Yeah, I know, I just want to know about this. Hang on.
Isn't actual unemployment at 14-16%, with there being simply a smaller workforce (people working + actually looking) overall? Our population hasn't decreased (on the contrary), so wouldn't actual unemployment numbers come from "Total_population_of_workforce - Total_jobs_in_existence"?
Yeah, Obama's going to have a rough time. Massive unemployment, US owned by China, Peak Oil, Wall Street & The Fed rampant, 15 Trillion USD debt, Iraq and Afghanistan, most of the Middle East still messed up... Not good mate, not good.
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Originally Posted by nvidia2008
Yeah, Obama's going to have a rough time. Massive unemployment, US owned by China, Peak Oil, Wall Street & The Fed rampant, 15 Trillion USD debt, Iraq and Afghanistan, most of the Middle East still messed up... Not good mate, not good.
But unlike all the other presidents, he still has a solid fanbase, call us ignorant if you want, but two of my sisters and I are voting for him, and all that Paul Ryan shit, and nobody likes Mittens, I think he'll win, shit if Bush got two terms, why the **** shouldn't Obama?