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Doug Schoen, former Clinton Advisor, on upcoming jobless claims data for June and how this will impact President Obama’s re-election campaign.
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Prices you know you cannot separate politics in the economy not with four months ago and a presidential election and an incumbent fighting a very weak economy.
Democrat strategist at the show on EPR Doug if the jobless rate goes up in the Friday report.
Is the president finished in terms of -- election wouldn't say he's finished but it is -- Very very serious -- Stewart and something that could be potentially potentially calamitous I think this week change the conversation.
In previous weeks it's -- all about the supreme courts and various other issues which were not specifically financial or economic.
This week it's all the economy.
Clear signs with spiraling down the big jobs report on Friday I don't think this is what President Obama wants it's absolutely not what he wants.
The chart that we've seen of the decline in job creation -- over the last 45 months is very very damaging and if as you say.
Unemployment goes up.
Tough for him to make an argument he stabilize the economy I've seen one poll what President Obama still enjoys 51%.
Positive approval that's a pretty high number up with a weak economy do you trust that number I don't my own polling.
Shows about 4546%.
Approval ratings on the economy.
Mid forties.
He's in trouble.
His strategists know.
He's in trouble that's why they're running negative bets that so that's the strategy until you beat jump on Mitt Romney that's what you do that's -- you do it's why there are attacking him for outsourcing.
Because they don't have an argument to defend their own economic performance.
And you Bonnie.
You'll constituents you thumb up the base you abandon the deportation of young illegal aliens you -- folk gay marriage youthful mop the base attack your opponent.
Vigorously.
And hope the people don't have much attention to the economy and -- Stewart you have it exactly right he's given up on persuading swing voters it's get the base out.
Demonized -- upon your political professional is that a -- -- books I would have urged him to go to the center.
-- compromise on the debt the deficit job creation promote economic growth.
They're going left.
It's not the strategy I would -- pursuit has the press this president has he ever change -- on any major policy and hope for example he did the deal at the end of 2010.
To extend the bush tax cuts for.
Two years but I think he recognized in his terms that that was a mistake.
I think he thinks of himself as flexible but right now he's he's made his determination attic -- You got just over four months to the election.
That's not a lot of time and is not enough time for him to change course economically.
So due to some degree I would say he's in a cola.
-- EES you've got much choice but to attack his opponent attacked vigorously.
Oh I absolutely agree with that.
He doesn't have good news he's laid out a strategy of going as you say hard left what you're gonna see are more tax on Bain Capital more attacks on governor Romney's handling.
Of the economy in Massachusetts and more person.
What tax I don't mean to pull us out on the -- and you Blogosphere is an October surprise that you could suggested that the president could come up with.
You know Stewart it's very hard to come up with an October surprise because.
The usually involves events that are extraneous to the campaign but I will say this.
The lay of the land is such that at the very best we're looking at from his point of view a close election.
There is very little in the polling data our economic data to suggest he can win without something dramatic happening to Alter the number.
And they haven't -- shown fresh from the European soccer championship he was very was on the halfway line watching absolutely was progressive Marxist management good team up tremendously and I -- -- from thank you.
Residents of Bethel Alaska overjoyed to hit that -- very remote village was getting up Taco Bell.
To the residents disappointment it turned out to be a hoax however.
Taco Bell responded.
-- this video at the --
