Instapundit reports: "Jobs Report Upends 2012 Race."

“It is a little scary,” said one former White House official. “There’s no sugarcoating this one.”
Another former administration official called it an “ ‘Oh, s–t’ moment.”
“It’s not good,” the former official said. “I’ll say this, I’m glad it’s June and not October.”

There goes "it could have been worse,"  and sure enough, it got worse.

What now chump?