Is now the time to bet against Obama?
Gallup Should he really be such a tight odds-on favourite? One statistic about US politics that has been bandied about quite a lot recently is that no US president since Franklin Roosevelt has been re-elected with the unemployment rate above 7.2%. The figure for this month is 9.2%. It will take some turnaround for the rate to get back down by November next year, particularly in light of the sluggish growth figures released there this week. As they say in…