Even if Ross Kaminsky is correct in saying that unemployment is falling despite President Obama’s economic policies there is no question these numbers will help Obama’s re-election prospects. The unemployment rate has fallen five straight months dropping nearly a percentage point. Perception, after all, comprises nine-tenths of reality.
Now, of course, Ross might also be right to say that this pace of improvement in the economy cannot be sustained. In which case, President Obama will find himself in a more vulnerable position and Mitt Romney would be in a much better position to take advantage of the situation. Of course, whether Romney has the political instincts to do so is another matter entirely.
But if the economy more or less stays as it is and people have the sense not only the worst of the recession is over but that things will get better then Obama will be easily re-elected in nine months time.
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