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Edition: U.S. Article Comments (4) Barack Obama Michelle Obama's plane was too close to other jet Obama melds politics with policy on California trip Fundraiser McAuliffe to help Obama re-election bid Obama urges pressure on Congress to act on immigration Obama takes tax plan to Facebook billionaires Obama defends deficit plan, sees common ground Video: Failure to reduce debt will hurt economy: Obama Follow Reuters Facebook Twitter RSS YouTube Read Apple to ship new iPhone in September: sources | 2:31pm EDT Five face murder charges after Florida teen's violent death 11:27am EDT Fox to punish leaks after "Glee" spoiler 12:45pm EDT UPDATE 5-AT&T weathers loss of iPhone exclusivity 12:44pm EDT Roommate indicted in Rutgers student suicide 1:58pm EDT Discussed 96 Palin returns with feisty, anti-establishment speech 46 Budget vote shows challenge for Boehner, Obama 41 Obama private comments show fight with Republicans Watched Cupless bra combats cleavage crinkle Fri, Apr 15 2011 VW unveils new sporty Beetle Mon, Apr 18 2011 German scientists develop thought-controlled car Tue, Apr 19 2011 SMALL BUSINESS Entrepreneur's Edge: Instant translation on your smartphone When Otavio Good released the first video of his Word Lens translation app in use, it became a viral phenomenon. Since then he's been busy recruiting programmers to help roll it out to include more languages beyond the original Spanish. Full Article | Video New app calculates calories through photos of food Common budget mistakes for tech startups At Facebook headquarters, Obama seeks 2008 magic Tweet Share this By Jeff Mason WASHINGTON (Reuters) - President Barack Obama takes early steps on Wednesday to recapture the magic of his exuberant 2008 campaign on a West Coast swing that starts at the nexus of social communications, Facebook headquarters. Democra... Email Print Related News Obama defends U.S. deficit plan, sees common ground Tue, Apr 19 2011 Geithner says "no risk" U.S. will lose AAA rating Tue, Apr 19 2011 White House, Congress under pressure from S&P move Mon, Apr 18 2011 S&P threatens to cut U.S. credit rating on deficit Mon, Apr 18 2011 Republicans set 2012 budget battle with Obama Fri, Apr 15 2011 Analysis & Opinion Hacking Obamaâ€™s black box budget The U.S.â€™s big, fat political debt problem Related Topics Politics » Technology » Facebook » Barack Obama » President Obama walks across the tarmac after stepping off Air Force One at San Francisco International Airport, April 20, 2011. Credit: Reuters/Jim Young By Jeff Mason WASHINGTON | Wed Apr 20, 2011 4:51pm EDT WASHINGTON (Reuters) - President Barack Obama takes early steps on Wednesday to recapture the magic of his exuberant 2008 campaign on a West Coast swing that starts at the nexus of social communications, Facebook headquarters. Democrats acknowledge that Obama will need to rally many of the same forces that propelled him into the White House in order to win re-election in 2012: an army of young, energetic voters as well as a sizable showing from independent voters. By visiting Facebook headquarters in California's Silicon Valley, where Facebook founder Mark Zuckerberg is a folk hero, Obama seeks to connect to tens of millions of people who have adopted social media as a prime method of communications. Obama is to hold a Facebook town-hall session on ways to reduce the $1.4 trillion U.S. budget deficit at the company's offices in Palo Alto, California, before moving on to San Francisco for Democratic fund-raising events. He plans stops in Las Vegas and Los Angeles before returning to Washington on Friday. Jon Krosnick, a political science professor at Stanford University, said having Obama on stage with Zuckerberg could benefit the president with young people. "That alone is a way of trying to re-energize this young generation that might be crucial for him to be re-elected again," Krosnick said. Obama embarks on a deficit-cutting roadshow as policy- makers and financial markets recover from ratings agency Standard & Poor's threat to downgrade America's triple-A credit rating on worries Washington won't address its fiscal woes. A potential Republican challenger to Obama, former Massachusetts Governor Mitt Romney, said S&P "downgraded the Obama presidency" and that Obama should meet with S&P officials to try to gain their confidence. "This is not something to be laughed off as the president's people seem to be doing," Romney told KCBQ's "The Mark Larson Show" in San Diego, California. By focusing on the economy at events in two politically important states, the president hopes to engage on an issue that his future opponents are likely to exploit as a political weakness. DEEPENING ECONOMIC PESSIMISM It is early in the 2012 election cycle, but clearly Obama has much work ahead. An ABC News/Washington Post poll released on Tuesday showed Obama's approval ratings near record lows because of deepening economic pessimism among Americans. Ipsos pollster Cliff Young said rising gasoline prices are taking their toll but that they probably did not present a long-term problem for Obama. "He is the odds-on favorite for a variety of reasons, primarily because he is an incumbent. His numbers are not that bad," said Young. Obama is using the first steps on the road to 2012 to promote a budget ideology that is at odds with the fiscal views of Republicans who are planning presidential campaigns. 1 2 Next Politics Technology Facebook Barack Obama Tweet this Share this Link this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (4) seattlesh wrote: If President Obama felt strongly that tax increases on the wealthy were so essential, then why did he agree to a two year extension of the Bush tax cuts at the end of 2010. He traded that for a one year extension of unemployment benefits, not a great deal for the middle class. The REpublicans are on the wrong side of this issue and if they keep defending their wealthy benefactors and oligarchs they will pay dearly for this stance in the 2012 elections. Apr 20, 2011 11:13am EDT -- Report as abuse lilywhite wrote: Just one long campaign–this is what Obama is doing while the country falls apart–the young men he has sent into harms way give their lives, people lose their homes and jobs, and we are close to economic meltdown–the gulf is still filled with oil–and what’s Obama doing?–He’s having a circle jerk with the founder of facebook. Apr 20, 2011 12:22pm EDT -- Report as abuse PrincipeReale wrote: Young voters made their mistake in 2008, they may be young but they’re not stupid. No, no Mr Obo. Apr 20, 2011 12:40pm EDT -- Report as abuse See All Comments » Add Your Comment Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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