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Reaction to Obama's recession comment at fundraiser

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    Karl Rove sounds off

  • Duration 5:49
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Governor Romney making comments in just about two hours at a pipe fitting company in North Carolina.

Jobs expected to be high on his agenda and President Obama arrives later today in a pivotal swing state hammered by the recession we're talking Nevada.

The president will deliver comments on the economy just hours from now.

Mr.

Obama is out west after a record breaking fund raiser last night at George Clooney's Los Angeles mansion.

That event on the heels of publicly announcing his support for same sex marriage.

But it's a comment the president made add another fund raiser in Seattle that is raising eyebrows now.

And the house of cards.

And it collapsed in the most destructive worst crisis that we've seen since the Great Depression.

And and sometimes people forget the magnitude of it you know -- and you saw some of that I think it in the video that was -- Sometimes I forget.

In the last six months of 2008.

While we were campaigning nearly three million of our neighbors lost their jobs.

800000.

That lost their jobs.

In the month that I took office.

And it was tough.

Karl Rove is former senior advisor and deputy chief of staff to president George W.

Bush he joins us now Carl if if you and your former boss the previous president had said that he -- forgotten about the recession won't bit of that what -- been the reaction.

All -- would broken -- Look it's interesting -- Obama not only -- got recession but he also apparently forgot that he said that if we passed a stimulus bill.

Unemployment would top out at 8% by the end of the summer of 2009.

And that we would have 6% growth this year and 6% unemployment.

And apparently also forgot that he played a role in bringing about the collapse by filibustering a bill in 2005 that would reined in Fannie Mae and Freddie Mac.

Potentially before they brought down the house of cards.

So why doesn't that get recognize why does -- -- cover.

Well look at it the media is compliant and there on his side in this thing -- they're willing to forgive this kind of stuff from -- by but guess what.

The American people art Gallup had an interesting poll -- John is said if Mitt Romney or Barack Obama gets elected.

Wouldn't would they do a good job of handle in the economy over the next four years.

Romney 61 said a good or very good job 31 33 -- or very -- pres Obama 52%.

Good good.

And 44% four and 22%.

Said.

He would do a very poor job one out of every.

Five Americans better than one out of every five says if -- can't get him back in their kids -- -- a very poor job.

It from -- the equivalent number for -- was one out of every ten Americans said.

He would not do a very good job but as you bureau numbers show there the president still is over the 50% mark.

Well he's -- for the for the coming years but he is under water that is to say below 50%.

On handling the economy and handling jobs and under 40% on the issue handling.

The the the deficit.

And and look if you would you have 8% eight point 1% unemployment.

The longest run of high unemployment since the Great Depression.

The highest numbers for chronic -- unemployment that is to say people been unemployed for six months or more when -- one out of every six Americans unemployed underemployed working part time desperately looking for full time work.

Or so discouraged -- dropped out of the workforce at a good numbers last month a 1151000.

New jobs but over 300000.

Americans.

We're so discouraged they dropped out of the workforce that's that's that's not a good record getting ready to run for reelection I want to shift your attention to the president's comments history of this week.

On gay marriage the we are led to believe by -- comments coming out of the White House.

Was that he want to -- announces approval at some point down the road but he just wasn't ready to do it yet.

The Joseph Biden and Arnie Duncan the education secretary sort of forced his hand you buy that.

I do in fact they were very explicitly said the president had in -- changed his mind.

And there we're gonna announce this at a time closer to the conventions in order to ring the greatest amount of political benefit out of this so.

You know yeah Biden got over the tips of his skis as the president said and Arnie Duncan did help.

But the president already made this decision we don't know how many months ago we made it.

But but -- Biden went out on Sunday said what he did on Monday you have to have the white house Press Secretary -- -- the president's position he's in favor of traditional marriage.

They realize that really wasn't having made the decision to change.

That that really wasn't that would really wasn't sustainable they did have been remember how political says he'd made -- -- he changed his mind.

But he was waiting until was close to the conventions and ordering the maximum out.

A benefit out of it.

There's this thing at the end will be -- 8888.

The negative for the president he gains in the gay community and among young voters but frankly opposing you know and Don't Ask Don't Tell but you refusing to defend the defense of marriage.

Act I mean with everybody sort of got the sense -- Saddam evolving in my position.

That is sort of signal to people give -- the flexibility after the election -- change so there's not much upside there he'll get some money out of this they want they made a big deal out of saint.

Well on the ninety minutes after he said this -- to million dollars.

And they went out of their way to say one out of every 4105.

Bottlers is gay and so therefore they will.

You know -- these people will be energized but.

It they're thirty states are and to have this defended traditional marriage North Carolina critical battleground state.

Voted the day before he made this announcement 6139.

In favor of -- -- you think it's and that's a negative for the president.

-- net net negative all right negative now the economy is gonna dominate everything else but that -- -- that Nagin will be given and I -- that of course Karl Rove good to have you on thank you.

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