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Out and just blows them up on the campaign trail, which doesn't exactly set the atmospheric. so i think there is that and i think the administration is struggling now because it has been in office for a year and a half, almost two years by the time november rolls around. and at some point, they understand that people look at barack obama and say he's the one responsible now and it doesn't feel good. >> and the inherited verbiage, every now and then it creeps back in there. and i think a lot of people are looking at long term unemployment and looking at the lack of opportunity and saying this i...

Connection between politics and the economy is that presidents get both too much blame and too much credit for what's going on in the economy. i think that barack obama benefited from the economy in 2008 and i think we can make a strong argument that had you not had the financial meltdown, he might not be president today. so it cuts both ways. but it is a dreadful situation particularly because there is no obvious quick fix. and to me the structural point around jobs is the biggest long term dilemma for america today. joe biden clearly off message saying those 8 million jobs are not going come...

Because it all depends on the size of the economy. so really the central question, we're talking about sort of stimulus versus deficits, do you want to tax more, do you want to spend more. the real center issue is how do you get the economy to grow. and a half a percent or an extra percent a year of economic growth solves a heck of a lot of problems. and that really i think needs to be the central question of the debate. >> you can have the economy growing robustly, steven, and then suddenly you turn that whole situation upside down. no matter what, don't you have to have either cutting spendi...