The homepage at Politico has several commentaries of Rick Perry's decision to quit the race and even more on one of Newt Gingrich's ex-wives' interview with ABC, but not a single item on the most important news of the day: The number of new jobless claims fell again last week to the lowest level since April 2008.
And, as Jonathan Cohn notes over at TNR, the unemployment rate in Michigan dropped to its lowest rate since September 2008. To be sure, at 9.3%, Michigan's jobless rate is still too high. But if the unemployment rate in key swing states, and nationally, continues to move in the right direction, the GOP will have a hard time arguing that President Obama's policies have failed. In Michigan, where Obama's decision to bailout the auto industry played a big role in stabilizing the economy, a decision Mitt Romney opposed, the case will be well nigh to impossible to make.
