Jun 05, 2011 6:02 AM GMT
I'm not sure that this is a line of defense that will work (or is even remotely believable).
President Obama is pointing to problems in Japan and Europe as challenges for the U.S. economy, placing some blame on events abroad for a domestic recovery that is showing signs of slowing down.
Government data released Friday showed employers in May hired the fewest number of workers in eight months and U.S. unemployment rose to 9.1 percent, up from 9.0 percent in April.
That bump is a political challenge for the president, whose re-election in 2012 may depend on his ability to convince voters that his economic policies have been successful.
Part of his pitch will include steering attention to outside forces as causes for economic woes at home.
The president did just that in his weekly radio and Internet address, broadcast Saturday, by highlighting "head winds" that are affecting the United States.
"Even though our economy has created more than two million private sector jobs over the past 15 months and continues to grow, we're facing some tough head winds," he said.
"Lately, it's high gas prices, the earthquake in Japan, and unease about the European fiscal situation. That will happen from time to time. There will be bumps on the road to recovery."