The economy: A silver lining, not a sunrise

Posted: October 19, 2012 in economy
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UK Only Article: 
standard article


The Tories’ barmiest policy

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The economy


Why isn’t Obama doing better? Why isn’t Romney? The answer is jobs



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Still waiting

Still waiting

EARLY October brought an unseasonal chill and a handful of snowflakes to America’s northern states. The candidacy of Barack Obama seemed to catch a chill also. Presidential polls tightened after a first debate in which Mr Obama struggled to defend his economic record against the attacks of his Republican challenger, Mitt Romney. Yet the sledding has been harder for Mr Romney than might have been imagined, given the jobless figures.
The American economy lost almost 9m jobs between January 2008 and early 2010. It remains 4.5m jobs short of the pre-recession employment peak—a height it will not regain for another 32 months at recent job-creation rates. Still, …

via Economic Crisis


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