The conventions are over and the fall presidential campaign has begun.
The big issue, of course, is the economy, and Republican presidential candidate Mitt Romney hopes to ride dissatisfaction with President Obama’s performance to victory in November.
There’s ample reason for dissatisfaction — unemployment over 8% for 43 months, while unemployment and underemployment together are above 14%. The workforce participation rate is at its lowest in 31 years, while personal income is back to the same level it was in 1995.
That’s enough for many to declare this president a failure. But is he?
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