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the unemployment race is over 8%. they believe this shouldn't be a close election. this should be reagan and carter in 1980. if you look at the fundamental models for presidential elections, they say, yeah, the fundamentals are bad enough for obama right now that he's vulnerable and could lose the election. the economy is growing enough he's a slight favorite to win re-election. it's that's hard to believe when you see unemployment this high, but it's growing enough. this is a guy who is vulnerable, but it's not automatic. >> i think they bought into some of their own rhetoric about how awful and inept the president was. we have rachel smolken joins us now. the president is wrapping up the event with facebook. this is what he said a few minutes ago. >> even in that first year, one of my first acts was to invite every single member of congress who had previously been supportive of comprehensive

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