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Peter Schiff: 'Obama likes it when he thinks the free market is failing'

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Published on Jun 1, 2012

The new jobs numbers are giving Mitt Romney ammo for his run against Obama in the 2012 election. According to the US Labor Department, in the month of May 69,000 jobs were created, but the number fell way short of the 150,000 jobs that were expected and for the first time in 11 months the unemployment rose to 8.2 percent. Peter Schiff, president of Euro Pacific Capital, joins us to discuss what this means for the Obama administration.

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