Health Ministry launches World Health Survey 2025 Survey to collect accurate health status database of Saudi population    Dr. Al-Rabeeah at UK House of Lords: Saudi Arabia provides $134 billion in aid to 172 countries in 30 years    Saudi Arabia receives first Hajj 2025 pilgrims from multiple countries    3rd phase of Vision 2030 to focus on sustaining transformation and capitalizing on emerging growth opportunities    Housing minister expects moderate real estate prices in Riyadh    Travel mayhem in Spain and Portugal as power outage grounds flights, paralyzes train networks    Saudi Arabia at ICJ: Israel turns Gaza Strip into a pile of rubble    SR200,000 reward for each player of the Saudi club winning AFC Champions League title    William and Kate celebrate anniversary on Isle of Mull    Hope and fear as tourists trickle back to Kashmir town after attack    Israel spy chief to step down after row with Netanyahu exposes deepening rifts    Localization in Saudi military industries rises to 19.35%    Logistics park for vehicles worth SR300 million to be set up at Dammam port    HONOR KSA expands its presence with new flagship Experience Store in Riyadh HONOR's first flagship store in KSA provides visitors with a premium experience, exciting offers and free services    Al-Falih: Eastern Province hosts 700 investment opportunities worth SR330 billion    Rock & Roll Hall of Fame picks Outkast but not Oasis    Al Ahli cruise past Buriram into AFC Champions League Elite semi-finals    Duran leads Al Nassr past Yokohama Marinos into AFC Champions League Elite semi-finals    Saudi orchestra to perform at Sydney Opera House in May    Al Hilal thrash Gwangju to reach AFC Champions League Elite semi-finals    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    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.