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Will Financially Distressed Cities Hurt the Obama Campaign?

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    “The Hill” Managing Editor Bob Cusack on how the growing number of cities facing budget woes could impact Obama’s re-election effort.

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About the president having a lock out American cities.

Try urban legends.

And because forgot the swing states he is losing scores of big -- cities Miami the latest reporting financial distress.

Joining three California cities already in bankruptcy.

And the astounding 21 downs in cities in Pennsylvania.

On the brink as we speak according to jail managing editor about decides.

This disturbing trend just might swing this election we're -- this one but boy it is spreading when -- negative.

Neon acting as a problem for the president I mean when you have cities in such economic distress and of course that there is that urban myth that generalization.

That the cities are gonna come out for.

For President Obama and certainly president nominees to maximize turnout in those cities but if -- city is having economic problems well then they could raise taxes and then does that have -- type of impact on the president's.

Absolutely.

I wondered too if we're running for the presidency he especially so and certainly so for years ago if they don't turn out as much or in as many waves.

Then.

That's a tougher road for him going -- right.

It is -- -- especially in Pennsylvania because a Republican hasn't won there and presidential race since 1988 so.

If Obama does not want Pennsylvania he is not going to win this thing so you really got the possibility of Pennsylvania to -- looks and an uphill climb from Enron on -- I do I mean I think it's something that -- made decent head -- in but they're not counting on winning that state -- they want Obama spend some money there.

But it it's going to be tough uphill climb but but Obama has to win that and -- that easily if if he assists the you know seek out a win there then he's in trouble and in other states that so.

He -- to have the turnout obviously.

In Philadelphia more than Pittsburgh because Philadelphia's more liberal than has.

If we see more of these cities that have Heidi -- public dead.

Pension health care related costs.

And their run many times by democratic mayors.

Who have gone to the Republican said look these guys have to.

Cough up more -- because you we can afford to face -- this morning.

There could even be an internal.

Party revolt going -- And yet another could be -- mean Democrats have always fought and we seen this on on the national level of of one how -- to raise taxes when it's 250000 or million happens at the local level to me.

That's of the saying is all politics is local so.

There's going to be dispute of how to solve these economic problems -- massive deficits at the local level.

And of course taxes act is going to come up and has come up in some of these cities.

And that's what Republicans pounce on of course.

You know we were talking about the data earlier today evolve in a very one and a half percent GDP growth in the markets -- interactions that I guess we've been beaten down so much that.

We'll gladly accept that otherwise awful number.

Because it's not as awful as we feared.

Having said that if the trend continues to be as corporations are reporting.

Ominous signs serious headwinds.

To Starbucks and McDonald's the UPS is all saying.

They're going forward things don't look all that hot in this cascades.

Powell.

Does that Peter out to to to average voters or is there -- significant delay.

I'm Matt I think yeah it's a big part of the president's strategy is that he's got to make these seats as hard as it is is that the economy is getting.

Better even marginally and we've seen Democrats privately saying you know these.

These job numbers unless they start to turn around.

They're very concerned that.

That Obama's numbers are gonna go down along with those.

That's our number so that -- really -- -- for some type of uptick but we haven't seen the last several months and they're not exactly optimistic.

Do you see deposit I know everything chose this race tight.

I generally run the other way when everyone's -- is that I think someone's gonna win more comfortably in the -- I don't know but -- decision.

But do you see -- 1980 -- phenomena where it breaks at the last minute and -- take a break to the president could break to.

Mitt Romney.

What.

Hi ICI is -- in 1980 of course the final tally was was big with Reagan but it way as you mentioned it was very close going.

Since that last month and then and then -- in just went away with it.

I think it's going to be tight unless there's some type of significant -- it if if anyone.

Is gonna pull away I think because of the ailing economy it would be Romney but.

But I but I see this kind of neck and neck going -- war.

We shall see thank you -- have a safe weekend -- is that banks if you took.