Roundtable II: This Week in Politics

Jake Tapper, Austan Goolsbee, Mary Matalin, Eliot Spitzer and Nicolle Wallace.
1:57 | 03/11/12

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Transcript for Roundtable II: This Week in Politics
-- -- -- Over the past two years. Our businesses have added nearly four million new jobs. Into the millions of Americans. Look around -- can only see jobs they can't get his hand bills that they ask that they can't pay. I have a message. You have not failed. We have a president that's failed you and that's it. -- -- a great job but we can't stop there. Not tell everybody without their pounding the pavement setting up -- Reza based. Have a chance to land -- -- -- My friends that through this 8% unemployment is not the best America can do it's just the best that this administration can do. The economic debate back up from -- -- talk about it on our roundtable Mary Matalin Eliot Spitzer Nicole Wallace Austan Goolsbee Jake Tapper and awesome. -- chairperson Obama's -- economic advisors and you saw him talking about that -- string of good news three months in Iraq 200000 plus jobs so when you dig into the numbers what worries. I think the main thing that ought to worry anybody instead. The growth rate it's probably not as sustainable ends at higher rate -- its -- so. The pace of expansion which for six months been pretty impressive. It may just slowed down and -- I don't think it's -- -- but it just not it's a warm weather this winter may be borrowing growth in the spring and the summer at their may there may be some component of that but it. It's been pretty broad base if if it were just coming from whether you would've thought. That the jobs would be primarily concentrated in weather related industries it wasn't just that you've got over six months. We're running edit cut about two and a half million jobs a year pace that's a relief that -- pretty decent year even an expansion. I think the fear would be. We just slow down a little bit instead of growing to an effort 3% we've grown -- -- -- -- -- 2%. Had been. As the economy's improving -- also going to see as you have the last couple of months -- whole lot of people coming. Out of the labor force back into the -- -- on the held a decline rate might actually go back up but Nicole a lot of Republicans in these numbers I was struck by what Rick Santorum said. Last night conceding the Democrats might have the -- and the economy. Well look what's happened in this recession women have become a larger and more important MR -- -- part of the workforce and what women do. They they. They do it all right -- -- ones in charge of family budget and I think this issue of a government. It is spending more than it has that still hasn't turned it around to the voter satisfaction becomes incredibly potent and I think that. Mitt Romney is not. A candidate is gonna root against the economy it you can feel how much he's rooting. For good news on the economic -- he understands how vitally important that is to American families have. I think with Mitt Romney as their nominee had feminists cheered by by the good news they also understand how important is -- -- Jefferson I think Rick Santorum said that I would because he wants to refocus on theological issues he's basically saying Mitt Romney won't win that argument that the economy are Rick Santorum can win. Combat socialist society that's taxable to but I think -- right if the workforce participation rate. Begins to go back -- and that really long term. Is the most important measure of our successes and economy it actually would drive down drive back up also unemployment rate -- -- -- visually could look bad. The jobs being created are an issue for anybody as I'm sure Austin would acknowledge that the idea that we're creating jobs is great. But these are not the jobs of the future for the most part most part these are a lot of service jobs food and -- lot of health care jobs order -- that these are not. It if not all of them obviously but a lot of these jobs are temp workers people trying to get -- I don't think that -- Before for some time that was true but the last several months head. It's been pretty broad based manufacturing job growth for examples about the best has been in fifteen years I think it's it's been a particularly strong. Period. And the question really is can that be sustained now I think on the deficit. Then the Republican primary that we were talking about four has had attempted these candidates into a bed space I think. Personally that's why independence. Art are reacting badly is. The deficits been a significant issue since we had the worst downturn since the depression. And you've seen each of the Republican candidates. Propose tax plans that would explode the deficit to a 34 trillion dollars isn't. The coming debate let me go to the realities. People who are voting. Do not measure their economic stability or sustainability. The employment numbers on the labor force participation. On the Dow or in the NASDAQ. They measured by the pump filling up their car women aren't you fill up your SUV your suburban -- nine. Or your groceries your energy -- your health care premiums all of which those issues they blame. On Obama independent voters do not blame him necessarily for this but they think hit the economy they think his policies and made it worse or there. They're in effect. And -- the president did seem to concede that this week that he got that question about gas prices and Acer said. What president would -- -- higher gas prices going for for reelection to pick him up on on on Austin's point. It does seem like some of this debate is going to shift to the appliance beach. Each candidate even more than the record at least that's what the White House wants to take it right now and they're gonna focus on this tax plan from -- They're gonna focus on the tax plan and around -- and as you saw in their seventeen minute documentary produced by Davis Guggenheim. They're -- at and narrated by Tom Hanks they're gonna focus on. Where were -- when President Obama took office it's not just going to be where are we now it's going to be putting in the context. Of the economic cry. Show a little bit of that as we do have a very petite. Those who are. Suggesting. Were proposing were beating the drums of war. She explained clearly the American people what they think the costs and benefits would be. Actually. The president the press conference Nicole Wallace but this is going to be what -- setting -- here -- Republicans saying the president. Made things worse in Tennessee faced the toughest challenges Annie -- president face and making. Progress and -- turn to the plant. And elections are always always about the future so I hope they spend a whole lot of time talking about the past because the huddle. That -- -- -- and in a way it'll serve our party well elections are always about future people remember all too well. Where they were four years ago and it was very scary for most people that transcends race left. Partisan bickering that's part of why would mark an independent company that's kind of -- so turned off. The attempted didn't go -- it is the time to -- -- is remember how bad things were four years ago that's where Mitt Romney remember it's gonna take us back to that that's that we don't have the. But I think President Obama will quote President Reagan are you better off now than you were four years on the answers won't be overwhelming yes people will think back think people behind you and I only yes. It's absolutely need to. -- lately -- spoke originally lot of thing -- that is they think they're really concerned about the future in ways they weren't if Carney was -- this is despair. The whole industry -- and -- are out yeah. And right. And then there is that there is a certain night when George. Bush ran for reelection against -- if you remember. They consistently. -- criticized about their jobs record. Did he didn't job created based that you can't blame us for the recession that we inherited and so based. Track to their job progress from lowest point of the business cycle. If you do that now the economy's actually added millions of jobs. It's precisely the Republicans who are saying no -- let's go back let's count. The first six months of the administration which is when all the massive damage takes place let's count all of that is if -- Obama all. -- The question yeah you're better off than you were four years ago. Hinges on what were you doing in the three months when the president came into office and we had the worst six months we've ever had and that -- And I -- political obvious point. You know -- others have pre 9/11 in a post nine elevenths security world. There is a pre 915 in a post 915 which is the collapse of Lehman Brothers. Economic world the degradation to the psyche is weighing worse than anything that -- Comparing it to people who really have -- despair about the future they don't see a way out of this and they feel. They're not -- at this president and turn my Obama's swing voters. They just think he's as weak leader -- but Maer asked the political. What's -- consequence of the bush Reagan era had been independent voters are not what the President Obama saying he has saved us from something that was -- -- -- Even my little it's. And I -- An inevitable crash the metaphor will be the auto industry where -- crisis will be either you supported it and look what we've done. President Ramos it would seem that and -- swing states they'll be hugely important Mitt Romney let them go bankrupt that dichotomy him to do any -- Yeah in this -- -- -- Romney has an economic plan. And it has not received a significant amount of attention in the primary because the other Republican candidates have very similar plan. But if you start looking at it it's back to the same old let's just deregulate everything looks massively cut taxes for high income people. It's not the kind of thing I think that America's gonna look at it say oh yes that'll work it work and great the last. In fact the thing that is heartening to Obama strategists is that Mitt Romney is not making a unique market. That there is an opportunity. For Mitt Romney to say. The Obama -- model fails the bush model fails here is the -- model it is the third alternative model the Obama people. Dread Mitt Romney doing that he has not done. And -- how does he deal with the issue as well and generally how serious problem. Isn't you don't -- to he needs to do is to quit being defensive about it this is an aspiration alt country. His first calculation of being defensive about -- this why he keeps getting stuck in it when he says I'm an American success story. And it -- is an American success story and they should hit -- too if we had. Less of a regulatory. And -- tax elaborate you could be an American success story two I think he won't get there because he is he has the heart and soul in this family does. -- -- -- an average American family you. And I didn't Shanahan -- I think he's gonna have actually -- -- myriad of that prescription was never played defense in politics we play defense you're losing instead of being defenseman that. Beat the affirmative think this is an affirmative story and I'm proud of it instead of always justifying it hadn't been home. And had a -- of the credit I think you're probably right about that patsy answer the question call was going to -- point. When the Democrats say he's given himself -- massive million dollar tax break while cutting Medicare. Well look I don't think that they did. Voters. Are going to be looking at what he's done for himself -- companies follow the laws of the land -- all of the tax and I was suggesting that he's broken any of our current tax -- As a witness -- -- -- that debate isn't about whether he's college. The tax -- -- currently this is about whether it's fair is it fair -- these verio and that's the debate that I think Republicans welcome we're happy. To have a debate about the American wet cat and I think you've got Republicans like Tom Coburn had been outspoken for -- for -- actually Obama went to the past them bringing in them the outspoken Republicans who are willing to do with -- -- open to us live all. And you know September thanks you're the president gets an -- -- is. All irritated me when people suggest that he took a pass yeah the big. He did though he -- -- -- ready to take -- pass on the -- anybody we don't have to get into the re litigate I think there was weakness is on both sides that what happened. What happened last year was. It was tough negotiating with Boehner. But then this other group of senators came out and had a different plan and the President Obama. Also -- was put in a position where he had to readjust in order to get Democrats on bail so he did. Change the states but would have to read it -- the question of whether an. They seek to reverse himself on Jackson forum there will ever -- look at us supported -- from closing the loopholes lowering the rate. And this an -- M actually I think Republicans are pleased everyday in the general that we spent debating taxes -- -- good -- -- -- The question of what house Republicans would have voted for it's a very. Serious question whether John Boehner even if -- supported any sort of plan could have brought the Republicans with him is a very serious question not one house Republican supported. The Bowles Simpson commission voted four I want to switch gears right now because -- some remarkable happened here. This this week this video about Joseph coney. Warlord in Central Africa ahead of the lords resistance army for the last twenty years a group called invisible children does a thirty minute video about it. It is gotten close to 100 million hits across the web in the last week alone here's a little. Since the government said it was impossible. We didn't know what else to do but tell everyone we could about Jacob -- the invisible children. It's show business because many people as possible is -- it can't be ignored. And when we did people were shocked. And their awareness turned in action. And Marietta street like so many others. Around the country in the world you first heard about it from your daughter when my thirteen year old calls me and -- emergency and the loan at citizens and to me she -- I never expect. And she was so -- actually kind of -- Anything about it and then she says he Republicans are having problems with youth vote you could really get ahead of this story you'd get the useless. -- thirteen LA air shoe fashion needs to waste so -- it really captured. If it captured them in a way that's potentially dangerous because they are dangerous because they don't have the capacity to. It's just a tool for good or ill as we learned in against is symmetrical enemy that we face we -- working in the White House so they don't have the capacity. To at this stage to study and research the complexity -- this this one is complex a lot of critics have. Technology. Look there was there was a little criticism when America's Most Wanted first came out. That people -- well it's diverting attention from other kinds of private do we really want turn this and entertainment. When they first started putting -- lost kids on milk cartons there there are a lot of media technologies. That as they coming in Lou we don't know what to quite to make of it. But in the end I think we're gonna and look back and say -- -- these -- pretty exciting that that. That people are moving that -- that we brought down we we solved. Dictatorships brought down by people on FaceBook saying it's -- they -- get it part of the question is if. It the Clinton new term Islam activism -- hitting that -- watching the video replaced substitute social action Georgia will people. But but from a -- -- it is an amazing new arena where information flows so much more quickly rapidly to diverse audiences. This has got to be good for humanity like the Gutenberg press suddenly everybody can see -- -- yes you read some won't just make let me give you another. Aspect to this may -- campaign finance. -- that money becomes less valuable and important went a video can go viral and hit a hundred million people almost cost for an. And I so I -- so many issues will be affected by this from the Arab Spring to take -- got to dictator. Terrorist to political finance I think it's amazing. Well. I'm reminded of the video and then in Iran when that went into that the girl who was shot Woodson was it an image that broke hearts all around the world. But no action follow -- -- government get involved with. So it passed and -- have to connect the fifth and and that bush speechwriter Mike Gerson wrote most spot on comment about this that that empathy is not a zero sum game. It obviously their atrocities taking place in theory that you know increasingly willing to say where this is a good thing. -- -- is a good thing as somebody who who. Tried and failed to get stories on air. To get the public interest -- when Obama sent 100 special forces troops to Central Africa this guy -- does -- -- -- just -- as somebody who asked President Obama about the last October and there was very little interest in getting that question and answer. Out there for the public very little interest or awareness by the public. Bravo to them but the other question as to what -- there are things in that video that are not factually accurate. He's not -- you've -- just have come. A lot of this that there are not 30000 child soldiers probably -- 1153. And he is going to be Friday when most famous men in the world on April 20 we have a couple of minutes -- -- before we go Nicole Wallace and -- you. You served in the anti campaign -- -- had to Sarah Paulson. Played you in the great in the movie game change less than an HBO and we're gonna show a little bit of the clip here talking about the infamous interview with -- current. Clinton fare yes governor I do. I certainly don't without getting from the get -- -- she wasn't the interviews stopped because you didn't try well what do you mean it from you just gave up. Well it wasn't my fault and what an. Properly wrapped you properly -- because you wouldn't listen to -- Yeah yeah. -- can -- campaign like it how true to life. I should have to make me -- You know -- business. In the movie about campaign staff and this isn't even really -- movie about McCain's inhalants the navy about the vast gray area in which 99% of our politics actually takes place and I think that. What gets -- -- and have the fight through that. Instant analysis says that the black and white is up in -- down. But the truth is I think everywhere on -- -- had some experience their political careers. Where you're just feeling your way through a very gray area and doing your best and in this campaign that's certainly -- Those instances for me no question that any and that you know that there has been a bit of the backlash may but -- a lot of points and these very sympathetic officer. Mark halprin who was then caught in the Balkans can damage to teach -- class -- two lane and say it was not -- what enlarge. Sympathetic the movie is not that a life on democratic probably thinking changes the channel change. For me. It's not RJ Cutler -- barker of the war room -- perfect candidate it's just the fictional movie into that and it's meaningless. And then like -- here -- --

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

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