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Of weakness in the economy. manufacturing has been one of our strengths through this. the way this chart works, anything above 50% is positive, so you can see we had this long positive period of expansion after the recession, but it's just now this latest month gone down 49.7%, which is a contraction in manufacturing. a lot of it has to do with slowdown in europe and slowdown around the world where simply there isn't as much demand in manufacturing goods as there was before. >> steve ratner, bobby jones always talked about the economy also. we see all these numbers, but at the end of the day, ...

Issue, and so when you have this kind of a gdp number, it may be an abstract concept to most americans but when it translates itself into jobs, i think they will understand it pretty well. oddly enough, housing did pretty well in the quarter off a low base, and retail sales, however, as you can see here are also turning down for the first time in this recovery. we had a long, steady rise in retail sales, and then in the last three months actually, unprecedented during this recovery, you had retail sales turn down. people are nervous. >> they're afraid to spend. >> they don't have the incomes. ...

>> he is no other democrat. >> bill: you are talking about barack obama or are you talking about bill clinton? >> yeah. bill clinton is the only democrat president to be reelected since harry truman. >> bill: so he doesn't want barack obama to be reelected so that would take away some of thinks thunder? >> that's right. >> bill: oh, come on, morris. that's kind of petty. >> rodriguez to break his record. i know, but you asked me. i know how furious he was that he got 49.7% of the vote not 50% in 1996. very important factor with him. third thing is that he think he fundamentally disagrees with ...

For the governor's race in north carolina it was a little closer. it was a three-point race. but again the democrat won. bev perdue became the state's first female governor. barack obama didn't need to win north carolina to win the presidency. he didn't need to win indiana either. but seeing states like north carolina and states like indiana turn so unexpectedly blue was an emotional thing. it was essentially the exclamation point on that democratic victory in 2008. and so the democrats choosing north carolina for their 2012 convention was sort of a bold move and an emotional move. barack obam...

For the gop knowing democrats better stop being so wimpy and so defensidefethe shoive. we are joined by the republican strategist based in lithane roc, angsansas. j tn williams our pal fox news contributor down in dc. let me show you this. >> here is the president hal approval rating the most recent one real clear politics aver? me. this is dismal for president obama 45 percent to 49.7 percent. here's what i thins w i thiing md the only way they c jump start his presidency and get themselves back on a sound footing ngenl is if they foylow the wiener model and call out the republicans. >> you k...