October job numbers add up to a win and a loss for both Obama and Romney

Life can be a funny old possum.
Once upon a time we pored over baseball box scores with our morning Wheaties.

Now we pore over the monthly jobs numbers with our morning healthy smoothie.

At least with box scores we could clearly see who won and who lost. It was in black and white.

So did Barack Obama or Mitt Romney win regarding the October employment numbers?

The answer is in gray and is more subjective than interpreting Biblical parables.

Both sides will be splitting the numbers like a cantaloupe left out too long in the sun.

The unemployment rate ticked up to 7.9 percent from 7.8 percent in September.

Advantage, Romney.

The Labor Department report out this morning said 171,000 jobs were created in October

Advantage, Obama.

Romney will note that there’s still no growth in household income and argue that Obama’s economic policies have prevented a robust recovery.

Obama will note that the country has seen 25 consecutive months of job growth and that there were upward revisions of August and September growth figures.

By the way, Obama will be making history if he manages to win on Tuesday. He is facing voters with the highest unemployment rate of any incumbent seeking reelection since Franklin Roosevelt. In 1976, President Gerald Ford narrowly lost to Jimmy Carter when the jobless rate was 7.8%.

It’s bare knuckles time, folks. Obama and Romney are burrowing in and taking each other apart piece by piece.

Advertisements