A Gasp Of Life

BARACK OBAMA‘S re-election hopes were dealt a setback by Mitt Romney‘s relentless attack on his economic record at Wednesday’s presidential debate. Today, he got a lifeline from an unlikely source: the economy.

In September, the unemployment rate plunged, unexpectedly, to 7.8%, from 8.1% in August. It was the first time it fell below 8% since January, 2009, the month that Mr Obama took office. More important was the reason it fell: not because people were quitting the labour force, but because they were finding work, by remarkable numbers.

Read Here – The Economist

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.