Tuesday, May 17, 2011

Obama the pivots of the death of Osama bin Laden to the economy

WASHINGTON  - the President Barack Obama shot Saturday in national excitement by the murder of the foe more wanted America to the threat posed by rates of unemployment and high prices of gasoline for their own hopes of re-election in 2012.


Six days after announcing the US special forces had killed Chief of al-Qaeda Osama bin Laden, the President offered a sober message in his weekly radio address that he understood that many Americans are still struggling through difficult times.


"Although our economy did not object to the news this week, not a day will that I am not focused on your work, your hopes and your dreams," he said.


Public anger over rising prices at the pump has put pressure on Obama to seek ways to provide rapid relief for consumers when he seeks re-election in 2012.


The Obama confidence rating jumps abruptly after the news of this deadly raid on the compound of Osama bin Laden in Pakistan. But the election of 2012 will be held also on issues much more close to home, such as the price of gasoline and a sense of job security.


Average gasoline prices is almost $4 per gallon across the country, up by over a dollar in the last year and risk potentially serious for his political future.


Obama Democratic Republican opponents say that he could be vulnerable to the round of next year, if the price of gasoline grows above $5 per gallon, with the still-fragile economy.


As a reminder, U.S. unemployment has spent the last month to 9.0% to 8.8% in March, data published Friday showed, although most new jobs were created than expected.


Analysts say prices sap household gas spending power and may discourage companies from hiring additional workers.


Obama, which recorded his message to an auto parts plant in Indiana, that he made Friday to promote political energy that said will help wean Americans off cost oil abroad, said that the price of gasoline mounting represents a heavy burden.


"Many people is always looking for work." "And many of the people who have jobs find that their salaries are not keeping up with the rising costs of everything, tuition at the grocery store with gas", he said. "In fact, in many places across the country, as in the Indiana gas is reaching all-time highs."


His remarks underscore concern White House that the public remains worried about the economy, and that any reflection in public opinion on the death of Osama bin Laden could be short-lived.


Approval of President rating gained sharply since the news Sunday that bin Laden was dead. A Thursday Gallup poll gave him a bump by 6 points to 52%, while a CBS / survey of the New York Times saw his number from 11 to 57 percent percentage points from two weeks ago.


However, the CBS / survey of the New York Times showed more than half of respondents have disapproved of his management of the economy.


In his radio speech, Obama pointed out that he has a plan to deal with the oil price.


"In the long term, the only way we can avoid being held hostage to the ups and downs of oil prices is if reduce us our dependence on oil." That means investing in clean, alternative energy sources, "he says.

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