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Soon, but quickly, the only way really to create millions of jobs is to get the economy roaring once again. the president is going to come up with some ideas. but how does he do that? >> i think that's the problem. he has said to his own staff how do we get this economy booming. fiscal policy is out because congress won't spend more money. monetary policy is out because interest rates are at zero. the only answer is innovation. that's why if you read the text to the speech that is now being distributed, on page 3 innovation crops up. creativity, innovation, technology. that is what the preside...

Where the more traditional republicans are going to vote. but the fact of the matter is this is another republican response. >> and i just want to remind our viewers the only place they'll see on television that speech live, michele bachmann's tea party speech will be right here on cnn. i'll take a break. but a quick question. "the king's speech." academy award winner? >> without a question. to me the most powerful movie i've seen in a long time. and colin firth and geoffrey rush and the others outstanding. a great story. you cannot beat a great story. the king of england who had a stammer so ...

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The independents who are already starting to drift back to him as we're seeing in the polling. i think this is a speech that tonally sort of reminding them of the barack obama that they voted into office. i think that's the most important thing he needs to do. because the things about we're going to freeze this or freeze that, by tomorrow morning, there will be 23 other ideas on the table. so i think this is about the totality of the speech and the feel of it, frankly. >> david gergen, the president invited you not that long ago, only a few weeks ago to come in with some other elder statesmen,...