It’s the arithmetic, stupid. Despite maximum Republican obstruction in Congress, the weak stimulus bill combined with reasonable capitalist economic policies has succeeded in making unemployment go down, the economy to grow, and corporate profits to balloon in the last 4 years. More importantly as for as electoral politics is concerned, there was improvement in several swing states in September.
Among the states seeing a decline in their unemployment rate were:
* Colorado (from 8.2 percent in August to 8.0 percent in September)
* Florida (from 8.8 percent to 8.7 percent)
* Iowa (from 5.5 percent to 5.2 percent)
* Nevada (from 12.1 percent to 11.8 percent)
* North Carolina (from 9.7 percent to 9.6 percent)
* Ohio (from 7.2 percent to 7 percent)
* Wisconsin (from 7.5 percent to 7.3 percent)
The rate stayed the same in two states that already have among the lower unemployment rates: New Hampshire (5.7 percent) and Virginia (5.9 percent).
One state where the unemployment rate increased was Pennsylvania (from 8.1 percent to 8.2 percent), which is currently seen as likely to go for Obama even though polls suggest the GOP could compete there.
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