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even falls, with forecasters predicting potentially catastrophic flooding. >> i'm al wli velshi. raging floodwaters from hurricane irene washed him away, but a new jersey man lived and now telling us how he survived mother nature's wrath. in just a few hours the government's new jobs report. will it be welcome news for you, your job, and the recovery? we'll break it down on this "american morning." good morning, everyone. it is friday, september 2nd. jobs day, september 2nd. welcome to "american morning." it's our super bowl, carol. >> it is. >> we're going to stick jobs news in ...

Inaugurated. looking back, was it misunderstood at the time? do you think there were conceptual mistakes or policy mistakes that were made and should have been done differently? >> i think we maxed out how much the system could have absorbed by that i mean the political system in 2009. i think there are questions in 2010 whether there should have been more emphasis on the duality of more deficit reduction enacted to take effect in three or four years combined with more job creation measures. look, your intro had it right. the hard slog following financial slumps are fundamentally different tha...