Paul Gregory, Forbes
Unemployment is the millstone around President Obama's neck in the 2012 election campaign. Attentive voters understand he is offering excuses "” a worse-than-expected economy, financial crises requiring longer recoveries, bad luck of tsunamis, droughts, and the Euro "” not solutions. Obama cannot deliver solutions because a real jobs program contradicts his core principles, alienates his base, and infuriates his crony contributors. He can only promise more of the failed policies "“stimulus and tinkering "” of his...