The optics of the day:

David Axelrod is insisting that results showing a 7-point Scott Walker win last night is bad news for Mitt Romney.

Bill Clinton said in a CNBC interview, “there’s a recession,” and his spokesman had to issue a statement explaining he didn’t really mean it.

The Greek government is declaring “government coffers could be empty as soon as July, shortly after this month’s pivotal elections. In the worst case, Athens might have to temporarily stop paying for salaries and pensions, along with imports of fuel, food and pharmaceuticals.”

Obama will spend today and tomorrow doing fundraisers in California.

And the RNC is showcasing Debbie Wasserman Schultz’s declaration that the Wisconsin recall would be a “dry run” of the Democrats get-out-the-vote operations.

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It’s not that surprising that Obama and the Democrats are in trouble. What is surprising is that he and his fellow party leaders are absolutely convinced that they’re not in trouble.