Patricia Zengerle of Reuters is reporting that there may be an upside to GOP presidential candidate Herman Cain's downward spiral amid reports of a sexual harassment settlement 12 years ago.
Zengerle writes, "The longer the Republican presidential hopefuls battle over sexual harassment claims against Herman Cain, the better things look for President Barack Obama as he mounts his campaign for re-election."
Cain has been accused by at least three women of sexual harassment when he was head of the National Restaurant Association in the mid-1990s. Cain initially feigned ignorance about the settlements with two women but later "remembered" them as part of "job-separation agreements." President Obama's poll numbers are up, while Cain, who broke out into song at the National Press Club, is attempting to recover from his major fumble within field-goal range of the 2012 Republican presidential nomination.
We're not sure if Cain's fall will result in Obama's rise in the 2012 presidential election. We are sure that this high-profile debacle has definitely harmed Cain's campaign. That, along with the GOP's refusal to pass any parts of the downed Jobs Act, only serves to highlight that President Obama isn't as bad as his critics like to suggest.
Read more at Yahoo News.
In other news: October Jobs Report Offers Hope for Employment Market.