Obama on a cliff edge

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obama julia gillard

Washington – President Barack Obama is perched on a economic and political cliff edge: to one side lies solid ground and four more White House years, to the other, a plunge to defeat after a single term. Dismal jobs data, a slowing economy and fears that Europe’s crisis will darken American skies came as a sickening blow last week to Obama’s campaign, five months before election day on 6 November.

Republican candidate Mitt Romney started the week, in which he finally reached the benchmark number of delegates needed to clinch his party’s nomination, being pilloried for appearing with Donald Trump, as the mogul blanketed cable news with claims that Obama is not American-born.

But he ended it as a rise in the unemployment rate to 8.2% bolstered his core argument – that Obama is an economic failure who cannot create jobs.

“The job of the president is to get Americans back to work. He’s not up to the task, he’s over his head,” Romney told CNBC.

Source : AP

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