'This Week' Transcript: Democratic Leader Nancy Pelosi

WILL: I think he will, except it's stating the obvious. And I don't think you get in that much trouble for stating the obvious.

He's missed some obvious things. One year ago, in the 2010 elections, if you saw Barack Obama in an ad, you knew it was a Republican ad. And now he's threatening to go around the country, demanding pass this jobs bill now. Republicans said, fine, let's vote. And Harry Reid says, oh, not so fast, because we don't have Democratic votes for the Democratic president's own jobs bill.

AMANPOUR: Let's put up a graphic where we've got some of these numbers. The new ABC-Washington Post poll shows by a 15-point margin that Americans now trust President Obama more than congressional Republicans to handle jobs.

Matt, that's a huge jump in the past month.

DOWD: Yeah. As I've said all along, the best thing that Barack Obama has going for him is the congressional Republicans right now are the only place worse than him. The problem is, he's not going to be running against the congressional Republicans next year in this election. He's going to be running against a new Republican on the ballot.

My thought about Barack Obama these days is, when a country right now which feels beleaguered and under the gun, and feels like they don't know where to go, they don't want a leader that comes across as beleaguered and not know where to go. And that's, I think, his biggest problem right now, is he comes across as very beleaguered and beaten down.

AMANPOUR: Peggy, you're nodding?

NOONAN: I am. I think -- look, I think the president is in a world of hurt. And not just many of the polls of the past few months, but there is a sense when you see him now that he's talking into a void. He's acting out the presidency and saying things like, "Pass my bill," and, "Follow my lead."

But there's a sense -- you look around at the public, and they're not saying, "Yes, let's pass his bill. Let's follow his lead." The operating in a void part is a problem. It's almost as if the presidency here has constricted and drawn back.


BRAZILE: Yes, I don't feel so pessimistic. And perhaps the reason why is because I think the American people understand that the president is trying to get his jobs bill through Congress. They know that the Republicans are obstructing. They know that the Republicans will not support the president, even on issues that they once advocated themselves.

I think the president has to be careful not to allow this so-called underdog narrative to play out next year. But right now, he is in a good position to get the American people behind him on his economic plan.

DOWD: Christiane, he will not get any credit -- I disagree with Donna on this -- he will get no credit even if he got his jobs bill passed with the American public right now. The American public right now is going to judge him not based on political performance, but based on actual results. And if jobs aren't added and the economy doesn't improve, no matter how many things he gets through Congress, he will not -- it will not change his political stature.

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