and this is what politicians fight about. this is the recovery here. you had a weak spot last summer, a weak spot this summer and now a job market that s doing just a little bit better. so what are the politicians saying about it? here s the spin. the white house focuses on this. 29 months in a row of private sector job growth. the economy has now added private sector jobs for 29 straight months for a total of 4 miion jobs during that period. and what about governor romney? they tend to focus on this. we ve now gone 42 months with the unemployment rate above 8%. both of them are right, by the way. i m joined by professor of economics and the director of the new documentary preliminary. if the economy can do this three more times, president obama will have gained back all the jobs lost at the beginning of his presidency. does that get him re-elected? well, historically or since world war ii, a president hasn t been re-elected with the unemployment rate over 7.4% but as you p
it s going to take years for hiring to return to normal but is encouraged by the drop in unemployment. in testimony before the house budget committee, he also cautioned failing to forge a plan to reduce the government s deficits over the long-term could eventually hurt the economy. as food prices continue to rise, reserves of corn hit their lowest level in more than 15 years. it s in part because of the high demand for ethanol. so in egypt today, thousands of protesters are refusing to leave liberation square despite some government concessions. demonstrations are now spilling over into nearby areas from the new valley to the suez canal zone where government employees and union workers are demanding better pay, better conditions, as well. ron allen joins us live from kay row with more. are more pro testify spreading throughout this area because the demonstrators are taking heed of the government warnings and moving out of liberation square, are these new groups just joining the demon