More jobs but Obama still under fire
Former GE CEO Jack Welch introduced a new category of anti-Barack Obama conspirators on Friday morning: 'Jobbers', who cooked up job numbers to make the US president look good.india Updated: Oct 06, 2012 23:57 IST
Former GE CEO Jack Welch introduced a new category of anti-Barack Obama conspirators on Friday morning: 'Jobbers', who cooked up job numbers to make the US president look good.
Welch spoke for the entire Republican establishment when he tweeted: "Unbelievable jobs numbers…these Chicago guys will do anything…can't debate, so change numbers."
Bloggers and the Twitterverse picked it up soon enough, whipping up an online frenzy about a conspiracy by the Obama campaign.
The reason for this outburst was the unemployment update released by the bureau of labour statistics, which shows that the US private sector added 114,000 jobs in September.
That drove the unemployment rate to under 8% - the magical benchmark - to 7.8%, the lowest in four years, going right back to the month Obama took office in January 2009.
The state of the economy is the single most critical issue in the presidential election.
Mitt Romney constantly tells voters he deserves a chance because Obama failed to fix the economy.
The Friday morning report was bad news for Team Romney, which responded to the announcement much faster than the Obama campaign, deriding it as "not a real recovery".
But the narrative of the campaign had changed, the second time this month. The first change came with Romney resurrecting his campaign after comprehensively beating Obama at a debate in Denver.
On Friday, it was Obama's turn to taste victory.
"This morning, we found out that the unemployment rate has fallen to its lowest level since I took office," Obama said.
First Published: Oct 06, 2012 23:56 IST