On Sunday, the Cincinnati Enquirer gave its endorsement to Mitt Romney saying that the former business executive possessed the experience to lead the U.S. economy into recovery and solve the political dysfunction in Washington D.C. One of Ohio’s leading newspapers also offered a rebuke of President Barack Obama’s stewardship of the economy during his tenure in the White House.
On Monday, Rasmussen announced that Romney has finally pulled ahead of Obama 50% to 48% in Ohio, a state that carries 18 electoral votes. In its endorsement, the Cincinnati Enquirer also conveyed Romney’s success as governor of Massachusetts.
The bottom line: He erased the deficit in Massachusetts (which was required by state law) and left office with a $600 million surplus. He replenished the state’s reserve fund two years into his term, pushing it to $2 billion by the time he left office in 2007.
The newspaper discussed Obama’s failure to move the U.S. economy in the right direction despite four years in office, two of which involved a U.S. congress controlled by Democrats.
Four years later, though, we’re still at risk of backpedaling into another recession, the housing market is still suffering and we have a sense of drift, not of common purpose.
The president has touted lower unemployment rates as one argument for re-election. However,Red State reports that Ohio’s recent decrease in unemployment is due to a shrinking labor force and not due to a recovering local economy.
The unemployment rate reported by the U.S. Bureau of Labor Statistics (BLS) dropped from 10.6 percent in July 2009 to 7.2 percent in August 2012, but the change resulted from a shrinking labor force as opposed to strong job growth.
On Sunday, ABC’s George Stephanopoulos added his thoughts to the mix (as quoted in Playbook): “Can Obama’s swing state firewall stand up to Romney’s momentum? … [Ohio poll out today] shows Governor Romney coming on very strong in that state that matters so much. It looks like a real threat to [Obama’s] firewall.”