Obama: Clinton's 'Dead Broke' Comment Won't Make a Big Difference

The "This Week" roundtable weighs in on President Obama defense of Hillary Clinton's income remarks.
4:04 | 06/29/14

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Transcript for Obama: Clinton's 'Dead Broke' Comment Won't Make a Big Difference
Let's get to more politics. We saw Hillary Clinton get a lot more questions this week continuing on the wealth and the question of the speaking fees. Facing a backlash for taking over $200,000 from the university of Nevada at las Vegas. We asked the president if it was becoming a problem for her. I think that Hillary has been to this rodeo a bunch of times. She's in public service because she cares about the same folks that I talked to here today. As soon as you jump back into the spotlight, in a more explicitly political way, you're going to be watched like this. She's accustomed to it. Over time, I don't think it will make a big difference. A lot of democrats are surprised that Hillary can't shake these questions. Is he right it won't make a difference? I don't think so. If she can pivot, start talking about working families, what she's going to do. Bring out substantive issues. About how she's going to address income inequality. If she can pivot and discuss that, come 2016, this is all in the rearview mirror. Agree? No. No. She's a weak candidate. I don't think the president did her any favors when he said I think Hillary's been to this rodeo a bunch of times. Is that who democrats want to nominate? Someone who has been to the rodeo a bunch of times? Don't they want someone with new ideas and a fresh vision for the country? The more you hear, and I think leaving aside the money -- the more one hears, the more one wonders, she can't run on Obama's foreign policy. What is she going to run on? What are her achievements? The president said he thinks the democrats are more unified against a more populist agenda. Is that what you're hearing? There is more unity. The Elizabeth Warren wing of the party talks about how the system is rigged. That is different. That requires tackling with the Wall Street wing of the democratic party. I think Hillary Clinton needs to do that. Lay out her program. But she's going to need to say good-bye to some of her husband's policies because he presided over the deregulation, over some of what we have seen play out in the crisis of 2008. Should she cut back on the paid speaking thing? I think if she is going to run for president, there is no reason for her to keep taking $200,000 a speech. They've made over $100 million over the last eight years. The problem to me is not the money. The problem is authenticity related to this. It seems like they both want to be wealthy but they don't want to be perceived as wealthy. I thought she could handle this much better by saying -- we have been blessed. We have been lucky. She did. She did. Go to the guardian interview. They failed to report that part. She made her money by hard work. All those rich guys who started businesses. They got lucky. It's the hard work of showing up and speaking. Somewhat wrong with a woman making as much work on the speaking trail -- Is it hard work -- Sitting next to you? $200,000 of hard work. Gandhi said that what we say and what we think and what we do need to be in alignment. The problem I think for most Americans with Hillary Clinton in this is that what she says what she thinks, what she does, she might fight for the working poor. She might do that. But when you're in the 1%, not just the 1%, the top half of 1% of this, you act like it's wrong that you are because -- Maybe she has a hard time talking about her wealth. But this is a woman who has -- She has to come the terms with that. She has always fought for the working poor. Even this week while she was being criticized for her money, she was announcing a youth initiative that employs people 16 to 24 that are out of work. But think of our history. Franklin Roosevelt, John Kennedy, these were not paupers. I mean, it's not about your wealth. It's about what side you're on, what you lay out for working people in this country, and what kind of economy for working people you want to build.

This transcript has been automatically generated and may not be 100% accurate.

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