{"id":5005,"date":"2011-06-04T02:00:10","date_gmt":"2011-06-04T09:00:10","guid":{"rendered":"http:\/\/www.politicsplus.org\/blog\/?p=5005"},"modified":"2011-06-04T02:00:10","modified_gmt":"2011-06-04T09:00:10","slug":"the-economy-may-favor-republicans","status":"publish","type":"post","link":"https:\/\/www.politicsplus.org\/blog\/2011\/06\/04\/the-economy-may-favor-republicans\/","title":{"rendered":"The Economy May Favor Republicans"},"content":{"rendered":"<p><font color=\"#0000ff\">Depressing economic news this week has Republicans salivating with glee.&#160; As we move toward the election in less than one year and a half, the worse the economy is, the the better their prospects to improve their position in 2012 becomes.&#160; Consequently Republicans are pulling out all the stops to destabilize the economy in any way possible, as long as it allows their super rich to clean up.&#160; The tactic Democrats must take to counter this is a simple one.<\/font><\/p>\n<blockquote>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"background-image: none; border-right-width: 0px; padding-left: 0px; padding-right: 0px; display: block; float: none; border-top-width: 0px; border-bottom-width: 0px; margin-left: auto; border-left-width: 0px; margin-right: auto; padding-top: 0px\" title=\"4jobs-report\" border=\"0\" alt=\"4jobs-report\" src=\"https:\/\/www.7thstep.org\/blog\/wp-content\/uploads\/2011\/06\/4jobs-report.jpg\" width=\"492\" height=\"409\" \/><\/p>\n<p>Any notion that President Obama\u2019s reelection campaign was gaining momentum was shaken this week by a string of worrisome economic reports showing <strong>weakness in the job market and new lows for housing prices<\/strong>.<\/p>\n<p>The bad news for Obama stood in contrast to a run of positive developments that had given many Democrats reason for confidence. The economy had been <a href=\"http:\/\/www.washingtonpost.com\/business\/economy\/economy_adds_244k_jobs_unemployment_rises_to_9percent\/2011\/05\/06\/AF7Ini7F_story.html?nav=emailpage\" target=\"_blank\">adding jobs at a steady clip<\/a>. A president once accused of being weak on national security <a href=\"http:\/\/pewresearch.org\/pubs\/1978\/poll-osama-bin-laden-death-reaction-obama-bush-military-cia-credit-first-heard-news\" target=\"_blank\">ordered the raid that led to the killing of Osama bin Laden<\/a>. And several potentially <a href=\"http:\/\/www.washingtonpost.com\/blogs\/the-fix\/post\/mitch-daniels-wont-run-for-president-in-2012\/2011\/05\/22\/AFFsm48G_blog.html\" target=\"_blank\">strong Republican presidential candidates took a pass<\/a> on the race.<\/p>\n<p>But on Friday, a surprisingly grim employment report was a warning that Obama could face a more challenging economy than had been expected. The government said <a href=\"http:\/\/www.bls.gov\/news.release\/empsit.nr0.htm\" target=\"_blank\">the economy had added far fewer jobs than analysts had projected<\/a>.<\/p>\n<p>The disappointing news posed a predicament for Obama, who had scheduled a visit to a Chrysler plant Friday to herald the rebirth of the U.S. auto industry. As he gave a celebratory speech to cheering autoworkers, his advisers in Washington scrambled to explain the jobs report.<\/p>\n<p>During Friday\u2019s visit to the plant in Toledo, Obama did not mention the grim jobs number that was released Friday. Rather, he talked of saving a \u201cproud industry\u201d and \u201cmore than a million jobs.\u201d<\/p>\n<p>Still, he acknowledged continuing challenges. \u201c[W]e still face some tough times,\u201d Obama said. \u201cThere are still some head winds that are coming at us.\u201d<\/p>\n<p>Some political analysts said Obama would have to confront just how fierce those winds are.<\/p>\n<p>\u201c<strong>The prospect of economic growth getting up to a point and unemployment getting down to a point that is comfortable for an incumbent are declining by the month, and are now not very high at all<\/strong>,\u201d said William Galston, a policy adviser in the Clinton White House and a veteran of Democratic presidential campaigns\u2026 [<em>emphasis added<\/em>] <\/p>\n<\/blockquote>\n<p>Inserted from &lt;<a href=\"http:\/\/www.washingtonpost.com\/business\/economy\/economic-news-is-bad-for-obamas-reelection-bid\/2011\/06\/03\/AGjZpQIH_story.html\" target=\"_blank\">Washington Post<\/a>&gt;<\/p>\n<p><font color=\"#0000ff\">Obama and the Democrats have followed policies that could alleviate the situation.&#160; When they proposed revaluing under water mortgages, Republicans blocked it.&#160; When they proposed several different measures to give employers incentive to hire, Republicans have blocked them.<\/font><\/p>\n<p><font color=\"#0000ff\">What Obama and the Democrats need to do is fight, not just give up.&#160; The need to put forward such measures again and again, vociferously complaining each time Republicans stand in the way.&#160; In that way, voters will see that one party is trying to help, and one, to hinder.<\/font><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Depressing economic news this week has Republicans salivating with glee.&#160; As we move toward the election in less than one year and a half, the worse the economy is, the the better their prospects to improve their position in 2012 becomes.&#160; Consequently Republicans are pulling out all the stops to destabilize the economy in any <a href='https:\/\/www.politicsplus.org\/blog\/2011\/06\/04\/the-economy-may-favor-republicans\/' class='excerpt-more'>[&#8230;]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-5005","post","type-post","status-publish","format-standard","hentry","category-politics","category-5-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"_links":{"self":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/5005","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/comments?post=5005"}],"version-history":[{"count":0,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/5005\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/media?parent=5005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/categories?post=5005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/tags?post=5005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}