The effort by Team Obama and its cheerleaders in the MSM to turn the page from Wednesday’s disaster reached comedy status this morning with the dancing break-out over the unemployment rate of 7.8%. Team Romney quickly took the new official, adjusted numbers from July, August and September and pointed out that job growth has fallen three straight months –exactly what one expects in a slowing economy, one headed for the recession that is the worry of the CEO survey and the direction pointed to by The Index of Leading Economic Indicators and downward revision in 2Q GDP as well as the FedEx and Norfolk Southern forecasts which shocked serious observors.
It is a recession, folks, and it is headed this way, accelerated by President Obama’s election year campaigning for growth-killing tax hikes and the promise of energy-production destroying fracking rules and other job killers in December. (The recession has already arrived in the Eurozone.)
The picture above is the reality of the average American’s life, and the internal polling reality of Wednesday’s debate face plant by the president must be awful given the panic out of Chicago and the wild decision to turn the president into a walking, talking NastyGram screeching “liar liar.”
The Sunday shows will spend most of their time on the debate and some of their time on the unemployment rate and declare the week a tie. Voters saw what they saw Wednesday night, and see what they see as they pull into the pumps and as they review the number of friends and family out-of-work or worried about their jobs. The MSM can spin and spin and spin, but the economy is in terrible shape and the meltdown abroad and cover-up at home continues. No wonder the president’s team is panicked and Romney’s is confident and energized.
Today’s WSJ editorial perfectly summarizes what happened Wednesday night and the president’s response to that face plant put on displaycThursday. It concludes:
The signs on Thursday, a day after the debate, were that Team Obama will try to rebound by reasserting its political illusions, though at higher decibels and with harsher TV ads. Mr. Romney had better be prepared, but there is a danger to this strategy for Mr. Obama too. By refusing to address the economy as it is, and debate Mr. Romney’s agenda as it is, he looks increasingly like a President detached from the economic pain that millions of Americans are feeling.
Exactly right, and doubling down when it is gas prices and the number food stamps recipients which have doubled is a losing proposition.