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Can Obama Win Re-Election Despite the Job Market?
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Weekly Standard’s Stephen Hayes on the impact of the economy and job market on the Presidential election.
- Duration 4:35
- Date Jul 6, 2012
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Weekly Standard’s Stephen Hayes on the impact of the economy and job market on the Presidential election.
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That time is ticking away for President Obama to turn the economy around.
Before November he has only got four jobs reports left before voters head to the polls in at the numbers -- -- group.
Romney's gonna give a real run for his money well here to talk about it.
Hayes the weekly standard's Stephen thanks coming on.
-- -- have been muted so realistically how tough is that gonna be for President Obama to win the reelection if the unemployment rate stays above 8% what do you think.
Well look every these numbers are not good for the country they're not good for President Obama real question is whether they're good for Mitt Romney.
Bank it's difficult to imagine the President Obama would be reelected with unemployment above 8% if you ask people.
Six months ago I think that conventional wisdom was there's no chance that haven't virtually impossible time making the case.
That after three and a half years of his economic policies and unemployment higher than he said.
It would go with the implementation of the stimulus.
That he would be reelected.
But look at what we've seen and after.
Four consecutive bad jobs months three consecutive starting in April after the April numbers came out on April 6.
We see President Obama actually turn up in -- what what was a deficit into a lead if you look at the Gallup daily tracking poll.
The first -- that came out was April 16 Mitt Romney had a lead 47 to 45 so plus two for Mitt Romney -- so why should lots of bad lots of bad information since then President Obama now leading 4844.
Do you think that that has something do with the economy do you think it has to do with the Supreme Court decision -- mean what do you think drives that turn around.
Know that the the Gallup numbers actually give the President Obama had -- as sort of a surge before the Supreme Court decision was announced why do you think some sort continued his surge.
I don't know what the explanation is but but here's -- my bigger point is.
I don't think that Mitt Romney can afford to continue to have a singular focus on the economy my guess would be in this aghast at times speculating.
That voters have priced in.
The bad economy to their valuation of president -- just as investors do with stocks you know bad news is coming you price it and and that reflects where you are.
So -- really isn't live -- an economy like this and end and keep him in place that they decided okay if we stick with this guy.
You know this is what the economy's going to be like and we're gonna do it anyway.
Yeah I don't I don't know I mean is certainly the growth be the -- -- that you heard from White House that hey who's not a strong argument to say the least you know don't look at one jobs report okay we can look at.
Look at our whole secular might mean for the entire imagine a second quarter the -- -- 5000 a month that was.
Really horrible.
Exactly exactly and I don't think there's any question -- policy level that the policies that the president pursued again.
Initiated it right as you after he was elected.
Passed by a democratic congress I don't think those policies have been success know by any stretch.
And why they like to say is you know we've left bush in office -- would be down -- much more you know he's the one that.
You know it was down by this much when he when he came in at regular looking at a screening concede that if you take the real number they like to point to the fact.
That you know during president Obama's tenure.
That the private sector is at a four point four million -- -- the number in your screen right now is the real number that's 473000.
Rats how many fewer jobs we have on the payroll since January of 2009 when President Obama took office but what you're saying.
Is that Mitt Romney has -- -- what the real message of his own and that -- -- it's not based on the economy.
Well know what it has to be based on economy -- look every single survey you see every single poll of voters.
Focus group no matter what you talk what -- the economy is the is certainly a number one issue I'm not suggesting that I'm just saying a singular focus on the economy such as we've seen from the Romney campaign.
Doesn't seem to be changing.
The trends in the way that voters are perceiving the two candidates it's gotta be a bigger message of older message something with more.
Detailed voters need to be able that voters who go to the the polling booths on November 6 have to be able to say.
Here's what Mitt Romney's gonna do with the economy if he's elected and they need to be able to think of three -- -- -- here's what he's gonna do right it's different than what president.
A clear message on to do business -- -- three clearly that I would save -- art you know simplify regulation assembled by the tax -- you think he needs to have.
Bold steps that are better already today -- year old and a few of them look -- his response today he was asked about this today.
-- -- about these these conservative critics who say that he's not communicating -- -- on these issues and he said look I've put out a plan I've got a 59 point plan well.
That's not to get points firing got to tell you what is the question three big things make the aren't -- exactly the Reagan vision are -- very -- Steven Hayes thanks come.