Pattaya Daily News

10 June 2011 :: 14:06:27 pm 54841

Obama’s Re-election Hopes Take a Knock

Barrack Obama’s hopes of a smooth re-election into the White House next year took an unexpected turn on Tuesday as the publication of a new poll showed him to be in a shocking dead heat with one of his Republican rivals, Matt Romney
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Obama’s chances of being re-elected looked highly promising after the polls he received in May, following the death of Osama bin Laden. But all that has disappeared. The new poll revealed public unrest and unhappiness with the slow pace of recovery from the recession.

Romney’s astonishing leap to parity with the current US president is remarkable considering that, until the new poll was released, barely any interest was shown in the Republican, even among Republicans themselves.
Obama played down the possibility of a double-dip recession during a press conference at the White House but acknowledged unemployment concerns as well as discontent over the price of petrol.

The latest unemployment figures in the US showed a jump to 9.1% and Obama could not say if this was a one-month dip or reflected a long-term trend.

“I’m not concerned about a double-dip recession,” he said. “I am concerned about the fact that the recovery we’re on is not producing jobs as quickly as I want it to happen.” He also went on to say that the economy remained “skittish” and that “recovery was going to be uneven”.

Obama still remains a strong favourite to be re-elected next year but all that could change if unemployment figures don’t start to drop as the election rolls around.

The ABC-Washington Post poll showed Obama and Romney on 47% each among surveyed Americans, and Romney on 49% and Obama on 46% among registered party members.

It is a different story from Obama’s 2009 inauguration, when he enjoyed poll approval ratings of 70% to 80%. The death of Bin Laden gave him a modest rating of around 55% but he has been struggling to get above 50% for most of the past year.

High figures of unemployment and rising petrol prices are not the only issues Americans have expressed concern about. The size of the federal deficit is also a huge worry for citizens as well as the size of the country’s debt to China and a continued drop in house prices. Six out of ten of the Americans surveyed said they could not see that a recovery had begun yet.

Written by : Kyle Pala

Photo : Internet   Category : World News

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