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British PM Cameron: Eurozone is at a crossroads

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    Obama to meet with world leaders, focus on economy

  • Duration 2:34
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Us this week and -- top military and economic strategy their top concern in the growing debt crisis in Europe.

But while President Obama is hosting his colleagues there are questions about how effectively convey in trying to work out a solution.

Chief White House correspondent Ed Henry takes a look.

-- -- -- -- As Greece's credit was downgraded yet another notch today British prime minister David Cameron issued a dire warning.

The -- resident is.

At the crossroads.

It -- has to make up.

Or if he's looking at a potential breakup.

White House officials -- the European debt crisis will be at the top of the agenda when President Obama hosts the G-8 summit tomorrow and Saturday at Camp David.

Though it's unclear what if anything they can resolved.

-- nature these conversations be about a coherent and common goal.

Think getting on a path towards sustainable recovery the problem is the president suggested late last year his European allies were already starting -- in the quarter.

Our European partners have -- foundation.

On which to build and it has all the elements needed for success six months later the Europeans are still bickering with camera today unveiling a three point plan.

Partially opposed by German Chancellor Angela Merkel.

While Merkel pushed for austerity is clashing with new French president Francois or -- focus on growth balanced approach that.

Includes not just austerity but growth and job creation is the right here is the right approach.

-- that approaches gotten a little traction here at home with speaker John Boehner at odds with the president over how to move forward on debt ceiling talks.

People are looking at me like.

On the guy curious but sort of around town -- know bludgeon someone.

All I'm suggesting is it's time for us to talk about that is the latest Fox News poll shows the president's challenge when asked to compare today's economy to four years ago.

45%.

Say worse it only 28% say it's better and eleven point increase from a year ago those still rough.

When asked the best thing the president has done to aid the economy.

43%.

Say he's done nothing to help while only 7% credit the stimulus one percentage point lower than the auto bailout.

This stimulus is something the president had control over spent over 800 billion dollars in taxpayer money and yet getting very little political game that's what makes European debt crisis even more -- -- For him he has little or no control making it a huge wildcard in the election Chris.

Ed Henry reporting from the White House at the.

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