Monday, September 5, 2011

Barack Obama 2012: Tough Economic Climate As President Seeks Second Term

By CHARLES BABINGTON, ASSOCIATED PRESS

(AP) WASHINGTON -- President Barack Obama faces a long re-election campaign having all but given up on the economy rebounding in any meaningful way before November 2012. His own budget office predicts unemployment will stay at about 9 percent, a frightening number for any president seeking a second term.

Obama's prospects aren't entirely grim, however. The GOP, heavily influenced by the tea party, may nominate someone so deeply flawed or right-leaning that, Democrats hope, Obama can persuade Americans to give him a second chance rather than risk the alternative.


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