Economy may not be as big a liability for Obama

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Charlie Cook: “My rule of thumb has been that if unemployment is near 9 percent on Election Day, President Obama would very likely lose. If it’s near 8 percent, he would likely win. But if it’s around 8.5 percent, the race would be a toss-up. Worthy of note, the Blue Chip survey was conducted on January 4-5, before the Bureau of Labor Statistics released the December unemployment numbers that dropped to 8.5 percent from an upwardly revised 8.7 percent in November. This means that the jobless rate has inched downward four months in a row, from 9.1 percent in August to 8.5 percent in December.”

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.