Palestinians uncertain as FIFA, UEFA step in to save soccer pitch from Israeli demolition    House panel votes to hold Clintons in contempt in Epstein probe    Trump backs off tariffs threat, says Greenland deal framework reached    Saudi Arabia signs agreement with World Economic Forum to accelerate industrial transformation    Over 78 million faithful visit Two Holy Mosques in a month    Saudi FM meets British, French counterparts in Davos    Northern Saudi cities record coldest temperatures of winter as mercury drops to –3°C    Arab coalition condemns deadly attack on Giants Brigades commander in Yemen    Sha'ban crescent sighted Tuesday    Saudi POS transactions reach 236 million, SR4bn in one week    Al-Khateeb highlights Saudi-UN partnership to shape quality of life in future cities    122 million tourists spend SR300 billion in Saudi Arabia in 2025    Italian fashion legend Valentino dies at 93    Saudi orchestra brings 'Marvels of Saudi Orchestra' to AlUla with 107 musicians    Katy Perry makes Saudi debut at Joy Awards, praises Saudi design and hospitality    Hail wins Guinness World Record with largest off-road production cars convoy    SFDA approves registration of 'Anktiva' for treatment of bladder and lung cancer    Saudi Darts Masters 2026 to offer record $200,000 prize for nine-dart finish    Al Taawoun condemn "repeated refereeing injustice" after late penalty defeat    British boxer Anthony Joshua discharged from hospital after Nigeria car crash    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Election fight over weak economy
By Patricia Zengerle
Published in The Saudi Gazette on 11 - 07 - 2011


Reuters
FRIDAY'S bleak US unemployment report boosts Republicans hoping to oust President Barack Obama from the White House next year, but translating a difficult economy into election results will not be easy.
US jobs growth ground to a near halt in June, frustrating hopes the economy would bounce back quickly from a slowdown and underscoring how difficult the issue will be for Obama in his bid for a second term next year.
“This is Obama's greatest vulnerability. It's his losing war, the economy and unemployment,” said Julian Zelizer, a professor at Princeton University.
Mitt Romney, a former governor and wealthy businessman, has in particular made job creation the center of his front-running campaign for the Republican presidential nomination. Co-founder of private equity firm Bain Capital, Romney tells voters he helped create tens of thousands of jobs by helping launch successful corporations.
Romney has scored some points against Obama on the issue, giving a speech on the economy last week at a shuttered factory that the Democrat visited in 2009 as a potential symbol of economic renewal.
On Friday he issued a statement accusing Obama and his aides of caring too little about joblessness. “With their cavalier attitude about the economy, the White House has turned the audacity of hope into the audacity of indifference,” Romney said, referring to the title of one of Obama's books.
“It (the poor jobless report) makes Obama look vulnerable and therefore within the Republican party they get more serious about putting up a serious contender,” said Christopher Arterton, a political scientist at George Washington University who has consulted for Democratic candidates.
“Romney has a flavor of being a serious contender and somewhat more moderate,” he said.
Other prominent Republican candidates, such as US Representative Michele Bachmann who has leaped to second place in recent polls, are better known for conservatism on social issues such as opposition to abortion or gay marriage rights than for business expertise.
And Republicans, while freely criticizing Obama, have been criticized in turn for lacking their own job creation plans, and for pushing for big cuts in government services – without tax cuts – during acrimonious budget negotiations.
“Republicans really don't have their alternative – including Romney – to what the president has done,” Zelizer said.
“Budget cuts are popular, but I don't think they are enough of an answer,” he said. “People see jobs going to other countries. I don't see how cutting Social Security is going to solve that problem,” he said of the retirement program.
Democrats have seized on some of Romney's campaign gaffes, such as telling unemployed workers in Florida that he was also out of work. Romney's fortune is estimated at $250 million.
They also have hammered Romney for what they say is “flip-flopping” on his view of the economy. For instance he gave apparently contradictory statements in recent days on whether Obama's policies made the US recession worse.
“Candidate qualities do play a role,” said Richard Eichenberg, a political scientist at Tufts University which is near Boston, noting the former Massachusetts governor's difficulties connecting with voters.
Romney's woodenness on the campaign trail and reputation for changing his position on issues hurt his unsuccessful bid for the 2008 Republican presidential nomination.
But most experts say it will take an economic rebound for Obama's 2012 prospects to brighten significantly, and economists said Friday's report left them little hope for an upturn.
“After kind of moving in the right direction for quite some time, we are no longer moving in the right direction,” said Heather Boushey, an economist at the Center for American Progress, a think tank with close ties to the White House. __


Clic here to read the story from its source.