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Engagement's way down in the polls. and the early voting is backing this up. people are really interested in this election. >> is there any specific demographic -- and i know it may vary by state -- that's overwhelm performing dramatically versus what we saw, let's say, 2014? >> yeah. and -- and it does vary very much by state. for instance, florida, you know, the difference of younger voters versus older isn't too different from previous electionses. there's a slight uptick in younger voters. in georgia and texas, two states are key governors races, in georgia and the senate race in texas, we...

Not as well, don't you think? >> unless people are investing. the numbers are smaller. >> that's absolutely right. you have people in the 401(k), you a broad range of people investing in the stock market. for the most part people benefiting from this are at the very high end. it's unfortunate we have that kind of disparity when you do have such a big upswing. >> gretchen, the question is are we looking possibly at another bubble? >> definitely. some of these are crazy. >> any time you look at pets.com and say, okay, they've lost $8 zillion but at 457. this may be an economy where the rich are ...

longer the elephant in the room, governor rick perry announces he's joining the republican party for president. >> he may be the republican front-runner but he was not feeling the love at the iowa state fair. he got heckled and laughed at over three words he said, words he may come to regret on this "american morning." -- captions by vitac -- www.vitac.com ing. >> oh, thank got it's friday. >> wait a minute. i've got to move my stuff. >> good morning. happy friday to you. it's august 12th. welcome to "american morning." up first, texas governor rick perry, the elephant in the room,...

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