This week has turned out to be Obama's week...

U.S. employers added 171,000 jobs in October, and the unemployment rate stayed below 8per cent, relatively strong numbers that bolster President Barack Obama’s chances of retaining the White House.

Few incumbents have won re-election without economic momentum pulling them along. The consensus among the punditry in Washington has been that an unemployment rate below eight per cent by Election Day would allow Mr. Obama to make that case, as joblessness peaked in the double digits during the recession.

There is good news all over this report...

And...