Jobs Report And Politics: The Monthly Spin Cycle
by Frank James, National Public Radio
July 6, 2012
It's become a pattern: On the first Friday of the month, the Labor Department issues a disappointing economic report. Republicans cite it as proof of President Obama's failed policies. The White House urges everyone to focus on the glass half full.
Like any Oval Office incumbent seeking re-election, President Obama would prefer to have the economy exceeding expectations in terms of job creation at this point in the campaign.
But exactly four months from Election Day, the economy isn't cooperating. In fact, it's doing just the opposite, underperforming job-growth forecasts in
recent months. Given the trend, it seems unlikely the four monthly jobs reports to be issued between Friday and Election Day will change the pattern in which our politics now seem trapped: