Obama White House responds to new economic data... Predictions for general election

David Axelrod responds to new economic data..

Economic forecast:  Sucks!   The data is scary.  White House panics?  Prediction for general election:  If you think Mitt and Newt have been bad, wait till Barack Obama and David Axelrod find themselves backed into a corner.
Update:  Obama under 50% approval in key swing states...
Update II:  Doug Ross has the charts in a different format...still bad. 
Update III:  12 ways Obama could lose!
Update IV:  White House wages subliminal attacks on Romney...