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GDP Growth to Shatter Obama's Election Chances?

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    Former advisor to President Bush Karl Rove on second-quarter GDP growth and Mitt Romney’s strategy.

  • Duration 3:39
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Been talking all throughout today about this slower economic growth figure that came in the GDP number.

Colorado joins us now former deputy chief of staff for president George W.

Bush she's in Austin today to talk about the politics I -- the White House.

-- -- Karl would be that hey we're growing twelve quarters that are all positive growth so.

Shake -- the argument from Mitt Romney and what it should be after today's numbers.

Now well first full is not good enough we're not we have thirteen million people unemployed we got one out of every six Americans out of a job.

Working part time to desperately looking for full time work or so discouraged -- dropped out of the workforce and that this isn't good for president Obama's policy political aspirations -- in the second quarter one point 5% growth.

They estimate for this year has -- generally been running around 2%.

Not likely to happen if you get 2% growth in quarter one and one point 5% growth in quarter two in the economy is slowing manufacturing.

The retail.

-- -- All these sensitive home sales all of them -- but here's head comparison.

To -- re elections of other previous presidents his press and -- predecessors bush 432.

Point 6% growth in the second quarter 3.5 over the year.

You see pretty robust numbers for Clinton.

The President Bush 41 who lost as you recall had four point 5% in this quarter 3.4 for the year.

Ronald Reagan seven point one -- seven point two.

Carter who lost minus seven point nine in this quarter and minus point 03 for the year.

These are the second worst numbers since 1983.

Of the weakest recovery since World War II that is not a place for the president to big now Mitt Romney needs to take advantage of it.

-- he gets back from London.

And that's the key that's what I wanna talk about because you can even mention the employment figures on top of the growth numbers and we know that we have 8% plus.

Unemployment in this country but some Republicans even have been saying boy these economic numbers as they've -- men.

Have really been handing a gift to Mitt Romney but one that he hasn't been able to open.

Just yet this that he hasn't been able to take advantage of -- -- polls are all over there is a pretty good tracking poll I saw today for Romney.

A better Wall Street Journal poll for Obama earlier in the week but arguing that camp that Romney has it executed as a campaign here yet -- now.

Well a dollar not a live look first fall that he is doing what he needs to do which -- pound away at the economic record if you take a look at the president's numbers.

On the economy while people's perceptions of the economy -- rate remained static they think it's lousy candidate improved like they'd like to see to prove.

Over the last three months or four months since a Romney achieves a nomination on April 11 the president standing on the economy -- declines now.

Here's the interesting tension.

To convert that -- hood of governor Romney needs to lay out what he's going to do but there's attention.

He lays it out in June or July as some Republicans have been advocating.

And by September and October -- independent voters are going to be making up their minds of many would dismiss what he said in June and July have a set out it's nothing new he said that way back when.

So there's attention he's got to say something new peas those -- -- in the Republicans who wanted to be since substance -- on the other hand he's got a hold onto -- ammunition until closer to the convention.

And then in September and October so it seems fresh and new.

To independent voters remember partisans of sort of made up their minds -- but the independent voters are.

Not paid as much attention and will not make a decision until September October when they think they need to.

And he needs to hold back some -- it looks fresh and new and and and I and an interesting when -- start to tune -- to.

To add to the specific the timing of how to run a presidential campaign from -- knows how to do it cock Karl -- thanks a lot.

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