President Barack Obama is holding six separate fundraisers in the Midwest on Friday, June 1 -- the same day the Labor Department reported the May unemployment rate ticked up to 8.2 percent from 8.1 percent.
On this day in 1984 -- when President Ronald Reagan also was running for re-election -- Reagan announced that the May unemployment rate had dropped to 7.4 percent.
When President Reagan announced the lower May unemployment rate on June 1, 1984, he was on his way, not to a fundraiser, but to Western Europe, to promote peace and democracy in the Cold War era.
Tale of Two Presidents: Obama Fundraising, Reagan Promoting Democracy, All on June 1. By Patrick Burke. June 1, 2012
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Seeded on Fri Jun 1, 2012 11:27 AM
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