French Race bad Omen for Obama?

French President Nicolas Sarkozy’s defeat could be a bad omen for President Barack Obama.

Sarkozy on Sunday joined a growing list of leaders swept aside by Europe’s economic crisis or by austerity measures hated by voters. Some 11 have now fallen, including Italy’s Silvio Berlusconi and Spain’s Jose Louis Rodriguez Zapatero.

Sure, many European economies are in worse shape than the U.S. But there are some similarities, including broad voter skepticism on both sides of the Atlantic that government programs are doing much to spur growth or produce jobs.

Polls show most Americans still think the country remains in recession, even though it technically ended almost three years ago. They also show Republican Mitt Romney leading Obama on handling economic issues.

That’s not good for Obama, with the economy still the No. 1 election issue.

Read more at STL Today.com HERE.