president obama has a shot at re-election. when we look at the historical nature of this, there's only been a few years where the unemployment rate has been above 7% in four elections. in three, the incumbent lost when unemployment is that high. this analyst says 215,000 jobs have to be added to the economy for us to get to the 8% mark. >> exactly. >> per month. 215,000 jobs per month. >> absolutely. a very deep hole the administration is trying to dig out of. i don't think the administration expects unemployment to be below 7% by election day 2012. it's why the administration is working so aggressively to create a strategy. this week they are talking about the innovation agenda, making public-private partnerships on infrastructure. on monday, the president will talk to the chamber of commerce and try to find ways to make peace with business, get