Fair-Weather Capitalists: Conservative Politics Gone Wild
Jeff Schweitzer Jeff Schweitzer – Scientist; Fmr. White House Senior Policy Analyst – Posted: 02/28/2012 5:37 pm As recently as a few months ago, Republicans were betting on beating Obama on the issue of the economy, with an emphasis on unemployment. They were counting on history repeating itself: no president since FDR has won a second term when unemployment rates exceeded 7.2% on election day. The rate was 7.8% when Obama took office, which is about where economists predic