Here's the economic spark Obama needs to win reelection

05/14/2012
New job numbers, crackling with political context, suggest a potent move President Barack Obama might make in his bid for reelection—but almost certainly will not. Lackluster US employment figures reported on May 4 cannot have cheered Obama and his political supporters. Nonfarm payroll employment increased by only 115,000 jobs in April. The unemployment rate slipped fractionally to a still-high 8.1%. The number of people jobless more than 27 weeks remained at 5.1 million. The economy isn't rebuilding employment at a pace anywhere near what the president has promised during his first term in office—or maybe what he needs to win a second. Obama has reason to crave an economic spark. Here's ...
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