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OBAMA WATCH CENTRAL You'll never guess which states have most joblessLabor could loom large in mid-term electionsPosted: May 18, 2009 9:45 pm Eastern By Jerome R. Corsi
Unemployment in March was 20 percent higher in so-called "blue states" won by Democratic candidate Barack Obama in last fall's presidential election than in "red states" won by Republican candidate John McCain, according to the Bureau of Labor Statistics. If unemployment numbers in the blue states do not begin improving soon, the Democratic Party may start expressing concerns about 2010 mid-term election losses in both governor races and in Congress, many political observers say. The baseball statistician and political predictor at FiveThirtyEight.com already has forecast that Obama will need to sustain a 65-percent approval rating to avoid losing the House of Representatives in the 2010 elections in which voters traditionally weigh economic issues particularly strong. (Story continues below) WND has already reported that Obama's 63 percent approval rating at the end of his first 100 days was about the same as registered by President Jimmy Carter in 1976 at the same benchmark moment in his presidency. Obama's average job approval rate is currently around 61 percent, according to poll composites reported at RealClearPolitics.com. As the bureau statistics show, no red state had over 12 percent unemployment, while the two states with highest unemployment – Oregon with 12.1 percent and Michigan with 12.6 percent – both voted for Obama. Drawing causal conclusions from these data are difficult. Conceivably, states that were suffering more economically at the end of the Bush administration would have had a greater tendency to vote Democratic in the 2008 election. Still, the Rasmussen Daily Presidential Tracking Poll shows considerable erosion in Obama's support, with a 28 percent differential between those strongly approving and those strongly disapproving on Inauguration Day diminishing to a single digit, 5 percent differential as measured four months later, on May 18. The risk for Obama is that states that voted for him might be disappointed in the economic results so far. The disappointment factor might be especially acute in states such as Michigan where the Obama administration has not been able to keep Chrysler out of bankruptcy courts, despite billions of dollars in government bailouts. Ohio and Pennsylvania might also be disappointed, as Obama has backtracked from his campaign promise to renegotiate the North American Free Trade Agreement so as to recover more jobs for American workers that have been lost under the treaty's outsourcing to Mexico. With California's budget on the verge of collapse and unemployment averaging 11 percent in March, Governor Arnold Schwarzenegger has threatened to legalize the recreational use of marijuana, in a move that proponents argue would generate some $1.6 billion in tax revenue.
Related offers: WND is your place to launch the tea party revolution. Visit the tea party forum. Get "Taking America Back," Joseph Farah's manifesto for sovereignty, self-reliance and moral renewal Stop the bailout! Magnetic bumper sticker Surviving economic meltdown in the age of Obama
Previous stories: Fed begins move that could sink dollar Economist charges Obama 'manipulating' stock market Americans throw more than 40 tea parties Senator echoes Tea Party rally cry Obama hits back at 'tea party' rant See 'tea party' call by CNBC analyst Fed says economy even worse than thought Trillions? Get ready for quadrillion Stimulus still can't help Wall Street Fed borrowing could reach $4 trillion Lawmakers in 20 states move to reclaim sovereignty California prepares to stop paying bills Stimulus-plan doubts push Dow under 8,000 Pelosi: Birth control will boost economy Democrats now in control, say economy to get worse Will Obama take a pay cut, too? Obama adviser: White males need not apply Fleeced! Obama's blanket 'stolen' $1 billion allocated for batteries NObama: Wall Street sees worst Inauguration Day IMF warns of economic riots, police ready for civil unrest Jerome R. Corsi, a Harvard Ph.D., has authored many books, including No. 1 N.Y. Times best-sellers "The Obama Nation" and "Unfit for Command." Along with serving as WND's senior staff reporter, Corsi is a senior managing director at Gilford Securities. Gilford Securities, founded in 1979, is a full-service boutique investment firm headquartered in NYC providing financial services to institutional and retail clients, from investment banking and equity research to retirement planning and wealth management. The views, opinions, positions or strategies of the author are his alone, and do not necessarily reflect those of Gilford Securities. Gilford Securities makes no representations as to accuracy, completeness, currentness, suitability or validity of any information herein and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use.
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