Tags: romney | obama | north | carolina

North Carolina’s Economic Slump Explains Romney’s Strength There

By Newsmax Wires   |   Tuesday, 18 Sep 2012 03:04 PM

Mitt Romney’s advantage over President Barack Obama in the key swing state of North Carolina likely stems from the beleaguered state of its economy.

The latest Rasmussen Reports poll, taken Sept. 13, puts Romney ahead by 51 to 45 percent. And an average of the four latest polls going back to Aug. 25, compiled by Real Clear Politics, shows Romney with a 4.8 percentage point advantage.

That makes North Carolina the swing state Obama is most in danger of losing at this point, according to Politico.

The news service cites a story from The Raleigh News & Observer that details the state’s economic decline.

The economy of North Carolina rose above that of its southern neighbors in the second half of the 1900s, the story explains. The state was transformed from its poor, agrarian existence into a hotbed of education, economic opportunity, and prosperity.

But the Great Recession left North Carolina in a sorry state. Unemployment has surged to 9.6 percent, income levels have dropped, and poverty has soared since the turn of this century.

That unemployment rate is the highest of a hotly-contested state outside of Nevada, according to Politico. So it likely explains the turn toward Romney in the Tar Heel state.

To be sure, many states are worse off than North Carolina. But for a state that is used to be at the top of the heap in the South, it’s difficult to deal with a major unemployment problem and a “sense that it’s losing its edge,” Politico states.




© 2015 Newsmax. All rights reserved.

1Like our page
2Share
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved