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Panic time for President Obama's campaign?

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    Political impact of disappointing jobs numbers

  • Duration 5:27
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-- now for the president's reelection team after week of disappointing economic news last week topped off by a dismal jobs report for -- on Friday.

Some say it's time for the Obama team to push the panic button.

Chris Wallace put that question -- his panel on Sunday morning.

Is it time for the Obama campaign -- Chicago to panic.

Oh yes and they are panicked.

-- though the early winner reports were for so good.

Gave everyone you know a sense of romance an and hope.

The Obama administration knew that the growth estimates for later in the year we're not gonna support 200000.

Plus jobs -- -- and it wouldn't be continuing.

69000.

Is obviously worse than expected so what's the political.

This -- powers columnist Daily Beast and -- Fox's contributor.

Good morning to you in Washington on -- -- exit Republican political analysts and campaign consultant also national.

Political correspondent for talk radio news service Tony good morning Q and then you have the singular longest title -- -- A and graduation many are actually pushing buttons right now Tony -- -- -- Well listen I mean they need main argument now that the president has principally used to rationalize his economic record is that on the right track the trajectory is is positive in moving forward and reports like what came out on Friday on both the jobs in the economic growth number.

Really kind of -- that narrative and I think what you have now is Obama campaign.

-- beginning to realize not only.

-- -- not just want against Romney not only can they run up it cannot run against this -- -- directory that the want to protect their own record they're running against themselves I think that puts them.

And this kind of uncomfortable position.

Because they're used to being on the dominant side of the equation now they're playing defense the Obama said he got used to that here saying they're reaching for the button but they're not pressing.

Is that accurate they should beat and they should have it in here but they're not the action today.

While I think that they should be very concerned at a minimum panic it's a little early to be -- -- because the election's not for awhile but that that thing that should be causing them.

Serious concerns are not just the job numbers because we don't know what's.

How those are gonna move over the next.

You know many months leading up to the election and that's what really matters is what the job numbers are probably in the three months -- the top -- that is very much for that and you -- -- -- the reality -- the jobs -- stuck in the -- in the -- asked.

But what I would say that they should be panicked about is that they there are attacks on Mitt Romney's business record failed and the -- this was supposed to be the their attempt to define him.

And that and and they have not done a good job back that night and I say they've -- more than not -- a good job they just completely -- that it had been undermined by some pretty significant.

-- gets on the democratic side.

So I think that that's something out -- have to go back to the -- board and figure out what they're gonna do to draw this distinction between.

So you have got to -- do you have to big arrows in the quiver one has Bain Capital known as pierce and point out it was not affected the polls and not movie either way.

And now you have the record of on Mitt Romney as governor of Massachusetts.

-- -- that work well well two issues that basically the Romney campaign now has an opportunity.

-- to highlight their record governor Romney when he was governor Massachusetts had a 44 point 6% unemployment rate.

A net growth in jobs in Massachusetts that's much better than what the president's dealing with on the national level right now.

Bain Capital -- not talking about Republicans coming up when most powerful counter narrative.

The most powerful rebuttal to this has come from prominent Democrats even to the point where former President Clinton.

Took the opportunity to call the governor governor Romney's record as a business leader sterling.

These aren't just mild endorsement of of governor Romney and as a business better horse -- the code go to public and the next morning to add to add Medicare's and I got -- -- if I would is that one -- one of the things just in time is right they're trying to all these different themes always different attack on one of them is Romney is an extremist while the -- Rasmussen poll that came out this weekend shows that most Americans don't believe that 52%.

They Mitt Romney is running Austria that -- -- that that I want to bring 30% think that he's asked him so much out you have these hits on his record as governor.

A Republican governor and one of the top five liberal states in America we can agree on that who governed as a moderate.

Yeah let's reflect on independent voters when they learn that -- While this is the problem which is why the Obama -- Obama campaign was going after the Bain record not -- after the record in.

In Massachusetts because what's gonna happen is the more people get educated about that the more independents are going to find out that he was a very moderate governor and and this goes completely against.

The narrative that that one of -- you know they've had so many different artists but the one that he where he was this lightning user agreement that independent voters once they hear about this we'll support him as is that where you're -- -- I think that they won't they they will consider him certainly adding this is still a decision between two people and and you have to decide who I think is batter.

To handle the problems that face the country but I think that it will make -- more appealing if people understand he is really not quite -- record.

It -- argue that last word record.

-- -- another thing to consider bill governor Romney raised the same amount of money this April as President Obama that's always been an advantage for the Obama campaign.

Romney has the potential to really stay toe to toe with them throughout the rest of this campaign thanks to -- your -- and take care -- analysts okay thanks so much somebody's got to.

-- -- the next two years come on you so much.