(CAMPAIGN2012.WASHINGTONEXAMINER) — “I think he’s the underdog, not the underdog by much.” said Dan Rather on CNN last night when asked about Obama’s chances for re-election, “If the election were held today, depending on who the Republicans nominate, of course, I think he might very well lose in a close election.”

But Rather added that the latest unemployment numbers might actually revive Obama’s chances.

“The unemployment figures are still terrible, but at least they are now headed down.” he said.

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