Did Bill Clinton Do It for Obama?

George Stephanopoulos on the president's momentum going into DNC speech.
3:00 | 09/06/12

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Transcript for Did Bill Clinton Do It for Obama?
As you probably know, there was a last minute venue change from a giant outdoor stadium, seating 73,000 people, to the smaller arena. Supposed to seat about 15 to 20,000. The democratic national con vejz saying it was due to weather. It was a kind of monsoon this afterr afternoon. And today the president spoke to those who will not now be here. My main message is, we can't let a little thunder and lightning get us down. We're going to have to roll with it. Another casualty of the last-minute move, those balloons, we always see waiting up in the rafters, hundreds of thousands of them, no time to blow them up or get them ready. If we look right down there, right now, in the center of this arena, we can see some confetti cannons. Take our word for it, they're in position and they're going to be the substitute. Time now to bring in george stephanopoulos. So does the president have to do? He still has to be the candidate of hope, not the candidate of change, but a candidate of hope. You saw in the excerpts, the president will lay out specific goals that he's going to say are both achievable, but also focused on the middle class. That's the contrast you have to draw with mitt romney. But we seemed to hear president clinton say it's time to own that question. Are you better off today than you were four years ago? The democrats and the obama campaign are happy that bill clinton made that argument. They still don't think president obama can. People will take it from president clinton, they don't want it from president obama. It feels too much like boasting. They have been saying all day, they don't expect a bounce from this convention? True? I think that's half true. This is a tight race. But they believe they are on a roll right now. You see the stock markets today, a four-year high. Here's the big thing to watch president the job numbers coming out tomorrow morning. If you see job creation above 150,000 they believe that could give them more of a bounce than they're saying publicly right now. See you again very shortly.

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

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