WWKD (What Will Kerry Do?)

Good news is bad news for Camp Kerry:

U.S. consumer prices inched up just 0.1 percent last month as gasoline and car prices tumbled, the government said on Thursday in a report suggesting an inflation spike earlier this year was an aberration.

A separate report showed initial claims for jobless benefits gained less than expected last week, implying the job market was a touch stronger than analysts had thought. For the first time in weeks, the claims data appeared unaffected by hurricanes, the Labor Department said.

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That’s the data for August, leaving Kerry with only September’s reports to bolster him before the November 2 election. Jobs creation could still be stronger, but with the unemployment rate at only 5.4% after three years of war, oil spikes, and now hurricanes. . .

. . .well, it’s really no wonder Kerry hasn’t gained much traction with the jobs issue. And unless next month’s reports are unexpectedly bad, he never will.

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