Axelrod: Obama's State of Union to focus on jobs

(AP) — President Barack Obama's chief political adviser says the president will focus on job-creating plans in his State of the Union address Wednesday night.

Strategist David Axelrod says the White House takes only "cold comfort" from the fact that the president's stimulus program saved about 2 million jobs — given the millions lost in the deepest economic downturn in decades.

Axelrod says that the administration continues to share the public's "consternation" with the financial sector, which was bailed out with public money and has returned to massive profits and huge bonus pay-outs.

Axelrod spoke Sunday on CNN's "State of the Union."