In tonight’s show, we’ll be talking a lot about the increasingly sluggish economy. One New York Times piece, in particular, got us all thinking about how this issue will impact the 2012 election.
The article tosses out some political trivia to its readers: “No American president since Franklin Delano Roosevelt has won a second term in office when the unemployment rate on Election Day topped 7.2 percent.”
Right now, we’re pushing a 9 percent unemployment rate. I’m no mathematician, but basically, Obama needs to get cracking on the jobs or he could be in major trouble. Or at least, so history tells us. He’s got 17 months to make it happen.
Robert Reich, Berkeley professor of Public Policy and Secretary of Labor under President Clinton, will join us to sort out the data.
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