as president obama huddled with the campaign advisors disapproval over the job performance hit 50% of likely voters with 46% approving. big part of the disapproval comes from the economy. for a president who has been trying to lay out a stark choice between him and republican mitt romney. they don t really have a plan. the plan they have won t work. our poll shows the president under water on the economy with 54% disapproving of the handling of it. only 42% approve. our poll also suggests despite romney business experience he may not capitalize on the president s woes. asked who they trust to do a better job improving the economy and creating jobs? 45% say the romney-ryan ticket, 43% back obama-biden. the president talks every day he is out there as he was yesterday about what we need to do. to help build the xy and
bret: president obama is channeling bill clinton, or trying to. as part of the re-election campaign. tonight, chief national correspondent jim angle looks at whether this president s tax plans can be fairly compared to the plans of the last president from his party. reporter: when the economy was growing at 2.3%, president obama agreed to extend all the bush tax cut, arguing the economy was too weak for any increase on anyone. potentially you would see folks losing business. more folks potentially losing jobs. that would be a mistake when the economy has not fully taken off. reporter: now the economy is growing even slower. 5.1% this quarter but the president wants to raise taxes anyway. now that he is ignoring his own warnings he needed new arguement to justify new taxes and seized on bill clinton.
republican gores. some of them are believed to be on an exclusive list. chief congressional correspondent mike emanuel has the story from the mountains of colorado. reporter: governor romney returned to the campaign trying to get back on offense on the economy. first stop is in colorado. a swing state. he started by giving president obama on failing jo marks on jobs, home prices marijuana. in campaign, talk with be cheap. you can say anything. but results, if they re not done the right way, they can be expensive. romney and the surrogates emphasize what he would do to help the middle class, building energy independence, ensuring americans have the skills to succeed. opening markets that work for america, cutting the deficit and championing small businesses. advisors admit these are not new themes but argue more people are now paying attention less than 100 days before election day. because we re going to have low cost energy here by taking advantage of our resources like coal
wealthy individuals under bill clinton. if you remember,hat is when our economy created nearly 23 million new jobs. [ applause ] we created the biggest budget surplus in history. and here is the kicker. it was good for everybody. bret: president obama on the stump talking about our plan, the r plan, referring back to president clinton and his economy and his budget when he raised taxes on the higher earners. it was a different time. back with the panel. kirsten, you know, back in the clinton economy it was the economy was on fire. there was a high-tech boom. growth was at 4%. 3.5%. unemployment rate was down to 4%. revenues were pouring in. this is a different environment. the president is clearly running o on the clinton. it is a different environment. but the president raised taxes in 1993.
he said if that was our plan, the tax rate, clinton s plan and now our plan, the democratic plan. it is going to work. it s preposterous. it s not his plan. it had nothing to do with the boom that we had in the 1990s. nothing. bret: this line is now in every speech. look, i don t think it s a winner. at best, what barack obama is saying is utterly irrelevant to the problem this problem has got, which is the economy is not moving. it s going in to a stall. you have 8.2% unemployment. under what economic theory, do you hit that economy right in the head with a major tax increase? there is no theory. this is really an absurdity on the part of the president. this is sheer ideology. he has a hostility against the rich. he wants to go after them. that is the keystone of his