promises. one was to eliminate federal programs that don t work. another to stop iran from obtaining nuclear weapons. so far neither of those have been met. he also ripped the bush administration on the economy. so judge for yourself if the president is living up to his own words. tonight more americans are out of work and more are working harder for less. reporter: that was candidate obama four years ago. more of you have lost your homes and even more are watching your home values plummet. reporter: blaming president bush. the failure to respond is a direct result of a broken politics in washington and the failed policies of george w. bush. reporter: failures, he said republicans refuse to accept. it s time for them to own their failure. reporter: the question tonight, will he? we measure progress how many people can find a job that pays the mortgage. reporter: since the president took office, family incomes declined by $4,000. candidate obama also promised in
economy away from bubble and bust type housing construction, and excessive consumer spending towards exports, investments, manufacturing, small business and that process has been going on, and a lot of policy is going to focus on doing that. and i think a lot of the jobs focuses from the president s plan, how do you empower the middle class to be driving the growth. on the longer run i think we ve got to confront some of these grand bargain issues of fiscal consolidation. i think that will be pretty important for overall confidence of the business sector and growth in the long run, and there we ll have to see how it plays out. i mean they almost had a deal last year as you know. and i hope in 2013 they ll be able to make a deal aeu across party lines. but we ll have to see how that works out. jenna: because you are so close
come achingly close to inwithing, it s really tough to get rid of that bug. you know, as they say, the only cure for it is to be six feet under. well, she s very much alive and energy jettic. and think about this, jenna: how is barack obama going to oppose hillary clinton in 2016 given the giant iou he now has to the clintons after last night? jenna: do you put that on the refrigerator, like other ious? i don t know what the clintons do with them, but they have a way of preserving them, don t worry. jenna: collect them, file them in a drawer. all right, larry, we appreciate your perspective and always look forward to having you back on. thanks so much, jenna. take care. jon: the new weekly jobless numbers out this morning show slight improvement, but the big news comes tomorrow. what the august unemployment rate could mean for the economy and president obama s hopes for re-election. speaking of which, vice president joe biden ready to
polls with mitt romney on. it s a tight fight, and i think in this economy it s surprising he s doing this well. romney s going to make an argument after two more bad jobs reports or not, you know, satisfactory jobs reports that this is not good enough. there are a remaining portion of the electorate, persuadable voters, who might be persuaded to vote for romney and vote president obama out of office. but at this point they are holding onto the argument that this is a choice, not a referendum on his record. it was harder than they knew, and so far if you look at the polls, enough people are buying it. jon: we ll see what they decide 61 days from now. ab stoddard from the hill, thank you. thank you. jenna: democrats amend their platform to put back references to god and jerusalem. who took them out in the first place? that s one of the questions. the other is, how does this effect even the foreign policy plans or what are we to make of this in general? we re going to get to the bott
with the president do you see that as part of his plan? you worked with him for a majority of his first term here, that he has the ability, the desire to move towards the center, very much like bill clinton did in his second term? would you think that is something that the president has on the horizon or is a goal of his? probably. you know, it fends how you define moving to the center. i think you saw a year ago when we got in the fight about the debt ceiling and the negotiations about the grand bargain, the president very much willing to do some balanced plan that involved majority spending cuts, coupled with some tax revenue to try to address a fiscal problem that we ve had for 50 years and nobody has done anything about, which is aging of the population, and the rising healthcare costs. jenna: i see. we ll watch for the president s conversation on the economy tonight. do your students get off scot-free, no homework while you re gone and at the