02 Jun '11, 8am

Weak US economy drags down Obama momentum via @cmswire

Barring a sharp turnaround, Mr Obama risks entering election year with the unemployment rate - currently 9.0 per cent - still high, with millions out of work and millions more struggling to make ends meet. -- PHOTO: AP WASHINGTON - A CLUTCH of disheartening economic data is threatening to squelch President Barack Obama's 'bin Laden bounce' and highlight his political vulnerabilities as he fires up his 2012 re-election bid. Barring a sharp turnaround, Mr Obama risks entering election year with the unemployment rate - currently 9.0 per cent - still high, with millions out of work and millions more struggling to make ends meet. That is a dangerous scenario for any president, as American voters show in election after election that the economy and jobs are their top concern. Just a week ago Mr Obama was basking in a feel-good tour of Europe, enjoying a small opinion poll boost ...

Full article: http://www.straitstimes.com/BreakingNews/World/Story/STIS...

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