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The Political Jobs Spin

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  • Description

    Greg Valliere of the Potomac Research Group on the importance of the jobs report to the election.

  • Duration 3:35
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-- thank you sell mines.

And the October jobs report is out as you've heard a 171000.

Jobs were added the unemployment rate they're ticked up.

To seven point 9% we are just four days away from the election and how the two presidential candidates are spending the numbers.

Are.

Businesses have created nearly five.

Million new jobs in this morning we learned the companies hired more workers in October that at any time in the last -- Today we learned that it's actually seven point 9% and that's nine million jobs short of what he promised.

Unemployment is higher today that when Barack Obama took office.

So how important is this reports the election outcome here to way to weigh in as great -- chief political strategist.

-- atomic research group great it is great to see you thanks for coming -- My pleasure nice to see you so what do you think I -- both sides trying to spin the numbers.

You -- there's something for everyone in this report and there's pain for everyone in this report.

Yeah I was told that the White House was fearful that the number could have been.

Back at 8% and it wasn't or that nonfarm payrolls could be under a 100000 and then they weren't.

I also think that the Romney campaign was hoping for a number that would have helped them more so.

Net net you know for the eighteen people in America who have not decided yet they're gonna vote for hey you know I I I think it's probably -- neutral.

Yeah I mean that's really when it comes down to it sorted it you could I mean it's it's not good for the president that that number would -- higher would go from seven point eight to seven point not yet it is still below eight.

Which a lot of people thought of as the magic number.

You know our brain room pointed out to us that it was actually seven point 5%.

When Jimmy Carter was taking on Ronald Reagan's it was even lower than which I was surprised about.

You could Parse this number sort of any which way but as you said I mean are are are there really that many people out there they're -- -- -- at this stage.

Probably not you could argue Melissa that Obama's handling of -- hurricane earlier in the week might have moved the needle a little bit toward him.

The embraced by Chris Christie might have helped a little but again we're down to so few undecided voters I think that opinions are pretty much hardened.

-- what would think of what -- Chris Christie I mean we're looking at video of that right now.

Are you cynical enough to think that there was something political behind us sir what do you think happened to -- got to wonder to a certain extent.

I think people in the northeast are so traumatized by what happened that.

Politics truly are secondary that's sad obviously Chris Christie will run for president and 26 team.

With a lot of other people like Marco Rubio and Paul Ryan.

And Rick Santorum -- but you've got to think that if Romney does lose Christie would be one of the favorites in 2016 it's gotta be in the back -- And everybody's mind.

Now this year saying he would want to under you think he'd politically he might want to undercut Romney at this point.

Well in -- if Romney wins out as -- Chris Christie can't run into any sixteen so.

I'm sure it's in the backs of everyone's mind but I I think the human tragedy.

-- far surpasses politics on this story absolutely great you wanna place about and who's gonna win on Tuesday before you go are close enough.

What if there was four.

Fearless forecast Melissa I think that popular vote will be just about tied -- might even win by a couple 100000.

But I do think Obama has the easier path to 278.

I have in the 281.

So it's going to be one of these weird split elections like 2000 but I do think Obama's the slight favorite.

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