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0 are independents, that are voting one way or another sometimes based on emotion, whether they like a guy or not. >> after issuing a statement where romney said he wants to help all struggling americans, the candidate responded by following up in a quickly planned press appearance in florida last night. >> it's not elegantly stated, let me put it that way. i'm speaking off the cuff in response to a question, and i'm sure i could state it more clearly and in a more effective way than i did in a setting like that, but it's a message which i'm going to carry and continue to carry, which is, look...

for their lives. what i have to do is convince the 5% to 10% in the center that are independents, that are voting one way or another sometimes based on emotion, whether they like a guy or not. >> after issuing a statement where romney said he wants to help all struggling americans, the candidate responded by following up in a quickly planned press appearance in florida last night. >> it's not elegantly stated, let me put it that way. i'm speaking off the cuff in response to a question, and i'm sure i could state it more clearly and in a more effective way than i did in a setting like...

people. i do not have a hidden agenda. and i submit to you this, if you want a president who will make things better in the african-american community you are looking at him. you take a look. yes, take a look. good morning. thursday, july 12th. mitt romney, staring at the naacp convention. with us former treasury official and "morning joe" economic analyst, steve rattner. the executive editor of bloomberg news, al hunt and rounding out our michael bloomberg hour morning, columnist for bloomberg, margaret carlson. in new york, a man whose company i'm sure will be owned by michael bloo...

when i saw that part of the speech and i heard that part of the speech, i gasped. and said, oh, no he didn't. i can't believe he actually -- he actually went there. i'm still a little stunned by that. >> well, not stunned to say it if he believes it. i'm not stunned to say it. i'm glad, though, al hunt, he went there. didn't mccain or somebody blow off the naacp years ago? >> bush. >> was it bush? >> it's hard to refute what jonathan says about some of the substance. don't forget this was somebody in 1994 promised he would be better on gay rights than ted kennedy and on abortion than...

of that industry and of the solvency of much of the american middle class, and the consequences, the effects that we see in the federal budget are largely a consequence, no the a cause, of that phenomenon. tax revenues fall, unemployment insurance payments go up. other kinds of stabilizing payments go up. we are much better off, actually, for having a large federal government, federal budget that can stabilize the economy in this situation than we would be if we didn't have it. we didn't have it in the 1930s and the -- our output fell by about a third. the overall decline was much le...