On Sunday’s Today show on NBC – during which correspondent Savannah Guthrie filed a report which seemed to credit President Obama for "managing to avoid a depression," while also acknowledging that "the President's once sky-high approval rating slumped as unemployment stubbornly stayed in double digits" – after Guthrie’s report, anchor Jenna Wolfe wondered if Republicans were partly to blame for Obama’s plunging poll numbers.

Hosting former Bush Chief of Staff Andy Card and former Clinton White House Spokesperson Joe Lockhart, Wolfe at one point asked Card: "Andy, you mentioned earlier about the President's popularity. Yes, it's down. Recent polls show his approval rating at 47 percent. Yes, the economy accounts for much of that drop. How much of it can be linked to unified opposition from Republicans for initiatives like health care?"

Below is a transcript of Savannah Guthrie’s report, followed by the interview with Andy Card and Joe Lockhart from the Sunday, January 17, Today show on NBC:

Monday's State of the Union speech by President Bush gave the MSNBC team their latest chance to deride a Republican speech, which they eagerly accepted. Keith Olbermann and Chris Matthews spent about an hour discussing negative reviews of Bush's speech, with Olbermann calling it "oldies but not so goodies," and fretting about Bush's warnings to Iran about "enriching uranium," with Matthews proclaiming that the speech reminded him of old-time radio character "Fibber McGee saying, 'One of these days, I'm going to clean out this closet.' ... it was the theme of this entire speech tonight." When former Bush Chief-of-Staff Andy Card was interviewed at about 11:20 p.m., he chastised the MSNBC team: "I can't tell you how cynical you two sound, and almost every guest you've had on has been very cynical.