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Very helpful to him. but i do think presidents can do something about economies. and i don't buy that they can only do foreign policy. >> this isn't lasting, david, though, if you think about what's really driving voters' concerns. we saw this with the first president bush. you know, he won in iraq, at that point, and that's not what the campaign was about. >> i guess i still mostly think that. but not entirely. you know the middle east just doesn't go away. i had a briefing from a senior military person saying iran is really no-holds-barred on their iranian nuclear programs. there's still a v...

This iraq pullback, it will be very helpful to him. but i do think presidents can do something about economies. and i don't buy that they can only do foreign policy. >> this isn't lasting, david, though, if you think about what's really driving voters' concerns. we saw this with the first president bush. you know, he won in iraq, at that point, and that's not what the campaign was about. >> i guess i still mostly think that. but not entirely. you know the middle east just doesn't go away. i had a briefing from a senior military person saying iran is really no-holds-barred on their iranian nucl...

This was an agreement signed with the iraqis. he can be criticized for failing to negotiate an extension, which the military did want. but, at the same time, if everything goes well in iraq, i think this is a victory. and it's certainly appealing to the democratic base. the problem will be if civil war erupts. then, we cannot re-engage. we can't resupply and get back in. >> jack welch, as you well know, presidents can really affect foreign policy. those are where the leadership moments are made. he can't do a whole lot about the economy right now, but he can certainly make a case about leaders...