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September 01, 2011
White House Downgrades Reelection Chances From "It's Going To Be Tough" To "We Are So Screwed It's Not Even Funny. Hey, Look It's That Dummy Rick Perry!"
Actually what they did was downgrade the jobs outlook but same difference.
The Obama administration downgraded its forecast for economic growth Thursday, predicting turmoil in the economy will likely keep unemployment above 9 percent through next year’s presidential election.
The unemployment rate is considered to be the most important factor in presidential elections, so if the White House’s assessment holds, President Obama is in for one of the toughest reelection fights in memory.
When the “substantial” economic “turbulence” of the last two months are considered, the administration expects the economy to grow as little as 1.7 percent in 2011 compared to last year. That is down from a rosier projection of 2.7 percent growth, made in February.
That better be one hell of a speech Obama gives next week. I'll be watching the football game so hopefully somebody will blog about it somewhere.
As much as I want to get excited about any news that means Obama is closer to get kicked out on his ears, a lot of people are going to be hurt because of the policies the Democrats put in place while they were running the government unopposed for two years.
It also means this is going to be an exceedingly nasty campaign by any standard (as if it weren't already). Obama is going to have nothing to run on and about a billion dollars to knock the GOP and every conservative as an America hating racist. It's all they have. It won't work but Team Obama won't care what damage they do in a failed attempt to prop up this SCOAMF. The death throes of this administration won't be pretty.
![digg this](http://ace.mu.nu/images/digg-this.png)
posted by DrewM. at
01:58 PM
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