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The 8-percent rule: Can Obama win with high unemployment?

Nov 5, 2012
Since World War II, incumbent presidents have been defeated in election years when the unemployment rate is above 7.5 percent. What does that mean for President Obama and October's 7.9 percent unemployment rate?
Posted In: Unemployment, Jobs

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As the Treasury Department uses "extraordinary measures" to keep the U.S. solvent for as long as possible, lawmakers will debate the debt limit at the U.S. Capitol, just a couple of miles away from Mile Marker Zero.