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>>guest: i wish i could. look, that was the g.s.a. planning that next get away. look, i got a new acronym to describe congress "a.i.r.," arrogance, irresponsibility, and we are headed for a recession. how about that? they go on a five-week vacation and they keep kicking the can down the road. we are not in a recovery. these numbers prove it. you know that blip up in the stock market? you know and i know that is the stock market anticipating companies predicting they will make their quarterly profit numbers despite this government and despite what is going on. they are kicking the did down the ...

>> johnathan wiseman has a story about this and the poll. we have seen this come and go. there's a point here to be made. voters are looking for someone they can feel attracted do and romney is plastic, formal. herman cain on the other hand is folksy and engaging. you're seeing a blip up. >> shepard: can he hold it? that's the question. >> i think that's the question given to michele bachmann and rick perry, how quickly they came. >> shepard: what happened to rick perry? >> he faded after the debates. the key number in the poll is that romney up against obama, when we survey everyone, is only ...

african-american voters. the president alluding to the employment crunch during his third annual back to school speech here in washington, d.c. >> more than 60% of the jobs in the next decade will require more than a high school diploma. more than 60%. that's the world that you're walking into. >> some black voters say the president has let them down when it comes to education and job creation. the obama campaign is trying to address those concerns as the election gets closer. let's turn to dan lothian. he's got more on this part of the story. >> president has always when talking abo...

The month. it's finishing up a solid trend over the last five months where you saw a blip up in unemployment rate today but overall the last five months the unemployment rate has fallen 0.8 of a point and we added more than a quarter million jobs per month over the last three months. i think the trend is definitely going the right way. >> we saw the gdp at last quarter was not as strong as it had been. gas prices a real drag on the economy. how concerned are you that this could dramatically slow the recovery? >> well, there are two different issues. the gdp did slow in the first quarter though...

Over the coming year. that's nearly twice as high as it was just three months ago. steve liesman is cnbc's chief economic reporter. steve, what's the take-away out of all this? >> the take-away is how astonishing these results were. it floored me. we had this really interesting blip up, positive blip, in december, and then to see these numbers rocket down like this, i think the take-away is as follows. one of the things we saw was that people's expectations for their wages have pretty much crashed. we have the lowest reading ever for expectation for wages for the next 12 months. down 1.1%. the...