Strange coincidence department
I guess Obama is just lucky the way unemployment figures unexpectedly dropped right before the last two elections while he was in office, and then bounced upward afterwards. Sheer coincidence. Well, whaddya know? Unemployment just dropped again before the 2014 elections!
The Pundit Press has the story:
In an odd coincidence, the last two election cycles have seen a drastic, unexpected drop in the unemployment rate immediately before the election. And in 2012 and 2010, the unemployment rate increased the month or the next after the election. Just as big a coincidence, both 2014 and 2012 saw the drop come in September, but reported in October, the best time to report supposed good news on the economy.
This comes on the heels of this election cycle’s surprise news that the unemployment rate decreased .2% to 5.9%., a mere two months after the unemployment rose to 6.2%. For democrats, this is perfect timing for a party struggling to retain control of the Senate
Here are the charts:
I guess Obama’s just a lucky guy. From the Chicago political tradition.
Hat tip: iOwnTheWorld.com