'This Week' Transcript: Jon Huntsman, David Axelrod

But in the opening going, they like what they saw. And not as many people compared him to George W. Bush as we like to say back here. Sure, he -- he sounds like him a little bit, but if you look into it a little bit more, he does not remind me of the Governor Bush who you and I first saw in 1999 in Iowa.

TAPPER: Well, for one thing, his accent's real, Governor Perry.

ZELENY: That's true.

TAPPER: Just a joke. OK.

So, Frank, I want to talk about the electorate, because this is -- this is an angry electorate. And in some of your polling, it indicates that there's an overwhelming feeling that this nation's best days are behind us. Fifty-eight percent of respondents in one of your polls said that their children's quality of life will be worse than theirs, worse. What does that mean for these candidates that so many Americans are -- are depressed about the outlook for this nation?

LUNTZ: It means that they don't trust Washington. They don't trust Wall Street. They don't trust education and schools to teach their kids. They don't trust the media to tell them the truth. They don't trust anybody right now.

Eighty percent of Americans say that the federal government is not working for them or is simply not working at all. That's the highest in two decades.

And so, if you're here and part of Washington, it's one of the reasons why we always hear about a third party every four years. I think you could hear about a no party, that A month or two months from the election, someone rises up and say, "Vote them all out. Vote for no political party. Vote against every incumbent."

It's not been this way. We've -- I've been through this in 1994. I was through this in 1992, watching 2006. We trust no one anymore.

TAPPER: Trust no one? So it's an "X-Files" election here, trust no one. George, what did you think of Governor Perry's first week on the campaign trail? I can't imagine all of the language out of his mouth is the kind of language that you would approve of.

WILL: No, he, too, is having trouble getting a national tone of voice, the "treasonous" remark about expanding money supply and all the rest.

In spite of all the homogenizing forces of modern life, from the mass media to the mobility of our population, the regional differences in this country are amazingly durable, and his very Texas-ness raises a question among Republicans whether he can carry independent voters in northern suburbs who are apt to decide this election.

John McCain did not carry a suburb contiguous to Boston, New York, Philadelphia, Detroit, or Chicago. That's a recipe for losing. The question is, can Perry break through? I've talked with a number of people, Scott Walker of Wisconsin, the governor, for example, and he thinks Perry would do very well in Wisconsin. Remains to be seen.

TAPPER: Some pundits, Donna, think that the way that we elect presidents is always as a reaction to the previous president. And Perry looks pretty much like the anti-Obama in a lot of ways, perhaps more so than any other Republican in the field. I think he could be a serious challenge to the president, don't you?

BRAZILE: Oh, look, I remember Rick Perry when he was a Democrat. He was a conservative Democrat. He supported Al Gore that year, the year that I supported Dick Gephardt, and I guess that says a lot about me, as well.

TAPPER: 1988, we should say. That's 1988.

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