More bad news on the economic front. I think any President gets more blame and credit then is deserved for national economic performance. Still, when you are the sitting President, you get punished when the economy falters. And America is getting pretty tired of this. If the economy does not turn around President Obama will likely be a one term President - not that I have heard many good ideas from the Republicans on how to improve the economy.
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"NEW YORK (CNNMoney) -- In yet another alarm bell of a weakening U.S. economy, the job market took a disappointing turn in May."
"The economy gained a mere 54,000 jobs in the month, a significant slowdown from 232,000 jobs added to payrolls in April, the government reported Friday."
Obama expresses concern about slowing economy (AP)
"AP - With few options at hand and his poll numbers sagging, President Barack Obama expressed concern Tuesday about the sudden slowdown in the economy but said he is not worried about a second recession and the nation should "not panic.""
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