President Obama Hit By Terrible Jobs Report That Critics State Harms His Chance Of Reelection
Barack Obama
U.S. President Barack Obama has bit hit by a terrible jobs report,
greatly aiding in destroying his chances of reelection. The U.S. economy
is adding jobs at a very anemic and slow rate. The latest jobs report
sent stocks plunging, renewing concerns the economy is still mired in
the financial crisis, which exploded in 2008.
Mitt Romney
President Obama has to be concerned at this point, as the same
terrible financial crisis, gave him an edge in 2008, over then
incumbent, George W. Bush. It is now working in his opponent's favor, as
challenger Mitt Romney is seen as the likely successor and the next man
to have a go at repair the economy. The former Massachusetts Governor
and wealthy businessman referred to the current jobs report as
"devastating."
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