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Today the Bureau of Labor Statistics released the October jobs report: an initial estimate of 171,000 jobs added last month, the most since February, and large upward revisions for August and September. Or, as Mitt Romney put it, “a sad reminder that the economy is in a virtual standstill.” In his campaign’s ‘closing argument,’ Romney warned that if reelected President Obama “will still be unable to work with the people in Congress … chilling the economy.” Will voters buy into what Paul Krugman calls “protection-racket politics?”