and 2012 politics with "usa today's" susan page and "time" magazine's michael crowley. i'm candy crowley -- and this is "state of the union." >>> mark this down as the week barack obama took ownership of the economy, more precisely it was given to him. a "usa today"-gallup poll shows for the first time a majority of americans, 53%, feel president obama is greatly or moderately to blame for the economy. more people still blame former president george bush but president obama won't be running against george bush next year. with me, obama's 2008 presidential campaign advisor and now senior white house advisor. thank you, david, for joining us. before we get to the politics of it, which is fascinating to all of us, let's get to the president's jobs bill. wow would you be open to breaking up this bill for the parts that you know you could get agreement on? >> well, the president has been very clear as he's traveled across the country and in the speech to congress that he thinks this -- the american jobs act would have a profound impact on our economy right now. it would put

bureau chief michael crowley wrote about this. let's start with timing here.hen it comes to declaring, how long can you wait before you you have waited too long? >> it's getting close. the legal deadlines are still a few weeks out. i heard people say halloween is the drop dead for these candidates. but as far as building a staff and getting people on the ground in the key states and raising money, it's really pretty late in the game already. >> let's start with christie's rock star billing, one of the reasons of his appeal, chris christie is just as much an anecdote to barack obama as george bush was to barack obama. >> that's right, i think it might be overstated. christie is very talented, terrific when he's taking questions and doing the jersey tough guy thing. he's a lot of fun to watch but he has got a lot of holes in his conservative record from the perspective of conservative activists looking for a savior, as anecdote to barack obama in the general election but conservatives -- >> holes in the resume like what? >> we've seen in the debate this year and

deputy washington bureau chief, michael crowley is back with us. haven't seen you in a long time. >> it has been a long time. >> where have you been? >> new york then washington. i'm glad to be here. >> sam stein from the "huffington post." you are in washington this morning. >> i'm waking up. joe will be here shortly. let's talk about what is in the news. i think -- i can't wait to hear your take on this bank story, which we'll get to in a moment. we'll start with jobs as president obama prepared for a jobs address next week. they are releasing a revised economic forecast predicting a decline in budget for 2012. 9.1% this year and 9.0% next year. estimated gdp growth expected to go up. the budget deficit would hit $1.3 trillion this year lower than the $1.6 trillion deficit estimated in february. paul ryan attacked the white house calling president obama's jobs record dismal. he said today's reports confirm the president's policies failed to deliver on his promises of job creation, deficit reduction and much needed economic growth. since taking of

if we listen to both israeli ambassador michael orrin and the palestinian ambassador to the u.s. who spoke to candy crowleytate of the union," they understand the only way back to the table is through negotiations. >> but the u.s. president is that the territory and the statehood can only be done through negotiations with israel. and therefore ann believes this will undermine that effort. >> we don't disagree with the administration that there has to be a negotiation. the problem is that there are no negotiations right now. we are the party who needs negotiations the most who needs an end to the conflict the most. >> israel wants peace. israel wants peace. prime minister netanyahu said he's willing to negotiate with president abbas anywhere, anytime, without preconditions on the basis of territory for peace. we have to make compromises. we have to work out all these difficult relationships and problems with the palestinians. the palestinians want all the territory without the peace. >> now, fred, obviously in one thinks that this is going to lead to the palestinian state. and that's why at this very moment