but bob teeter, the late bob teeter who was george herbert walker bush's pollster and campaign manage never 1992 when president bush lost re-election to president clinton in large part because of the economy told me that, and everything else we learned since has confirmed it, that it takes a full quarter of good news, three months before people start to perceive a change in their economic outlook. and in other words, the economy was improving enough in 1992 but voters didn't feel it that way. if it's going to be good news, this is the time for the obama campaign for it to begin is in early 2012 and to continue through the election. otherwise if the economy is going to be a real political liability for the white house. >> woodruff: david, what b let's tuck about the fallout from iowa. how much of one is there? how much are new hampshire voters paying attention? we heard gwen talk to that group of voters about it. but how much does it matter that romney came in first by 8 votes, santorum right behind? >> well, friday has been a very good day for mitt romney. the poll in new hampshire ha