It’s unfortunate that the media is primarily presenting a positive jobs report in terms of the 2012 presidential election campaign instead of first seeking to inform the public of what the new numbers may mean for America’s struggling families.
Politico’s Alexander Burns and Ben White offer a typical analysis of the latest development on the economic front:
President Barack Obama hasn’t unfurled a “Mission Accomplished” banner just yet. But Friday’s jobs report showing unemployment dropping to 8.3 percent, the lowest level of his presidency, is an unexpected boon for Obama’s reelection bid and a serious hurdle for his top competitor, Mitt Romney, who has staked his campaign on a jobs-and-economy message.
While 8 percent-plus unemployment is still a perilous number for any incumbent, the clear downward trend in the jobless rate complicates the Republican narrative that Obama is an out-and-out economic failure who has no hope of turning around the economy.