| | November 03, 2012 | | RECOVERY The U.S. Defense Department announced Friday that it will send 24 million gallons of fuel on tankers to storm-ravaged areas of New York and New Jersey. While many officials have insisted there is "no reason to panic" over a fuel shortage, less than 40 percent of the area's gas stations are operating at full capacity and frustration over the gas shortage has caused long lines at pumps in the affected areas, with lines stretching for miles in some areas. On Friday, New Jersey Gov. Chris Christie ordered a gas-rationing system until further notice. In New Jersey, Christie told residents to go south to look for gas, saying that while only 25 percent of stations north of Interstate 195 are operating, 90 percent of those south of the highway are in service. ECONOMIC REPORT Even though economic data released Friday for the month of October showed an increase in 171,000 new jobs, economists said on Friday that the data are unlikely to have any impact on Tuesday's presidential election. Obama supporters have hoped that the news will aid the incumbent's campaign, which has been struggling with the economic woes of the past few years, in its final days. But according to a poll of 45 economists, the modest increases will have little to no effect on the election, with 24 saying impact would be "neutral" and another 15 saying it would be "insignificant." On Friday, the Bureau of Labor Statistics said that U.S. payroll grew in October, although the unemployment rate ticked up slightly to 7.9 percent. POLL Poll results released Friday show that 55 percent of respondents feel that the United States is on the "wrong track", with just 43 percent saying they are comfortable with the country's trajectory. But don't worry, Obama supporters: an incumbent has survived almost identical poll results before. In 2004, 55 percent of those polled were dissatisfied and 41 percent felt fine. This might mark the only time Bush's second victory has given hope to liberal voters. | |
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