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It's the president's tactics, what he's done effectively nail romney, remind everybody of bane bain, bain, bain, against the encroaching reality of the economy. bad economy. >> when you think about it, it's stunning. we have other numbers we're going to pop up and i don't mean to preview them. people are more pessimistic. about what -- >> let's preview right now. will could be trouble for the president when you see the bleak outlook in the poll in the economy the next 12 months. look at this, 27% of the people think the economy will improve over the next 12 months, down from 35% just last mont...

To preview them. people are more pessimistic. >> let's preview right now. could be trouble for the president when you see the bleak outlook in our poll for the economy over the next 12 months. look at this, 27% of the people think the economy will improve over the next 12 months, down from 35% just last month. look at that, 8 point decline in optimism. the number who think the economy will get worse is on the rise from june, stands at 25%. i feel this. i think it's because we've seen so many months this spring of the same unemployment number or slightly lower. >> but the president is defying g...

166 points. the s&p did worse. 1.8% down. the nasdaq 2.5% down. and you know, i looked at the world markets. now, the only market that was open today in the gulf region in -- in the -- in arab market would be saudi arabia. down 6.4%. if we fell like that, that would be a 750 point decline. this is very serious. >> at the world economic forum this past week, it was interesting, though, because it seemed like the talk was less about what was happening, what was unfolding in the mideast and more about china, the competition from china. and also the debt crisis in europe. why was that? >> well, yo...

The hispanic base. he's going to make a strong push to show that he's trying to find a solution knowing that it's very unlikely, almost impossible that congress could handle passing a major bill today. megyn: i said 16 points there is another poll that shows a 16 point decline. does the president have any chance of turning this issue around into all about the republicans? because now in addition to these other things he's come out and said he's encouraging supporters of an immigration congratulations overhaul to focus on republicans as the ones who are shutting that down. >> you heard in dan's...

We can pull up the big board for folks, tony. watching it down here. off 35 points. near the best levels of the day. the jobs number as christine emphasized, strong but many people left out of this recovery. the big question that we're dealing with here on the floor yesterday is that we saw the biggest point decline for the dow industrials in history. a trillion dollars in wealth was lost in ten minutes. unbelievable. we saw recovery but saw the worst day here, tony that we have had in a year. talking to a lot of traders asking just what happened. is this to plame blame on electronics, on tech...