UN Votes To Recognize Palestine As A State

The government has revised its estimate of third-quarter economic growth from 2 percent to 2.7 percent – more than twice as rapid at the second-quarter. But, is this a one-quarter wonder, or is the economy really picking up?; And, the U.N. General Assembly voted overwhelmingly to recognize Palestine as a state. Jim Axelrod reports on the historic vote and what it means to the peace efforts between Israel and the Palestinians.