Fox News
Expand
Browse All Video
Watch Live

You're watching...

Damaging numbers for president's reelection hopes?

Details

  • Description

    Wendell Goler reports from the White House

  • Duration 2:26
  • Date

Clips

Also in this playlist...

Latest News

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

There is a a discouraging progress report tonight on how you are doing since the end of the recession.

White House correspondent Wendell Goler on what could be damaging numbers for president Obama's reelection -- It's a central theme of the president's reelection campaign that not just the recession but the policies of the Bush Administration.

Hammered the middle class.

We've seen a decade.

Where jobs were being shipped overseas where wages and incomes were going down except for a -- would be very tough.

Even while -- everything from health care to college were skyrocketing.

But a new study suggests household income has fallen more since the recovery mr.

Obama takes credit for -- in the recession before it.

Median income fell two point 6% from December 2007 to June 2009.

But it fell four point 8% from June of 2009 to June of this year.

In addition the median length of unemployment which was eight and a half weeks during the recession is up to nearly twenty weeks now.

The vice president says things are getting better.

Folks.

With a long way to go.

But the middle class is on its way back.

But for the Romney -- to get the numbers are a perfect fit.

Joseph Biden said the other day that the middle -- is it in the midst of -- recovery.

Clinton Obama said that.

The project is doing just fine.

This is the Obama imaginary -- some experts say the recovery is real but it's not as steep as the recession was -- This is -- battle to come back.

And and we're not making enough ground.

To really get the economy hit and I'm full cylinders.

New Fox News poll -- more people feel their finances will improve it Mitt Romney wins then if the president is reelected.

Romney spends most of his time on that issue this president's policies haven't worked but the fault may not -- with this president or a number of -- before -- A pew research study says the middle class has been shrinking since 1971.

And don't know president since the Great Depression has been reelected with unemployment this high the places where the recession has hurt the most are where mr.

Obama is strongest.

If you look at the big cities you look at all the Blue States in in those parts in those cities -- for people have been hurt the worst.

Economist mark said he thinks the recovery will pick up next year no matter who's elected president -- it's a safe bet whether it's mr.

Romney or mr.

Obama.

That person will they credit for.

You -- one to -- a lot of north lawn Wendell thank you.

Load More