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Transcripts For CNNW Your Bottom Line 20120804



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 ....

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