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To be a terrible third quarter where the economy's going to go down, which would have serious implications for the president's reelection. we don't know whether the cbo is right. we don't know whether the trend line will continue. this is an unfinished story. it is very early in this presidential election. >> and it's also not as much about perceptions as it is about numbers. at a moment where in retrospect was the beginning of a great boom. so in this media cycle very different from that one, it's hard to know how people will react to the changes and economic numbers and their own lives and w...

help elect other true public servants to office. well, why now? scott conroy of role clear politics and co-author of "sarah from alaska"s has spoken to the palins since the decision. you've been rushing to get on the phone with us. so what can you tell us? >> erin, great to be here. i spoke to some members of palin's inner circle tonight and two points, one, they say that the family was a big issue, that they, you know, couldn't get the entire family on board for a presidential run and that was a big reason that made her say no in the end. another thing is that, you know, she really ...

Weeks from now -- i'm not saying that's going away but the issues you're talking about and jobs and the economy, that's going to almost disappear, the media cycle so turbo charged will not stick the way it would have stuck 20 or 30 years ago. >> i want to give you two statistics of polls earlier this month. add up the concerns the country had about iraq, afghanistan, trir terrorism in general and war, 4%. identify those four total as the most important issues, jobs, economy, budget deficits, 54%. that is the reality. >> i love these people, obama is a lock now. this is five days into it. >> it...

Responses to very quick problems. the economic situation we find ourselves in is not the blame and will not be solved simplistically over two years. we are looking at an economy we will be working through to recovery for several years. president obama, unfortunately, will pay the price for some of that. >> who is responsible for making people -- this has been age old we want instant fixes or sit us? lot of people point to us. media. the 24-hour media cycle. president himself says it. are we the ones that force people into thinking that these age-old problems are to be solved quickly? >> probab...

Responsibility you can stand taller. president bush used to say everybody is dealt a hand and you have to play them, no matter what they are. this white house has a political upheaval in the middle east in which there are pretty much as you have seen on your program, there's no good answers. and they are not going to come quickly. and they are not going to come as quickly as the people on the ground are demanding and the media cycle needs to keep up with. one of the things they have to do is tune out the noise and focus as much as they can and to rely on their cabinet. has a cabinet for a reas...