This episode's headline: State of the Economy; Political Flap: Comparable Pay; Political Cartoons; The Race: Where Things Stand; ""The President's Cheerleader""; Political Cartoons; Book Review: Studs Terkel; Alberta Hunter: Memories of You. The guests include In New York: DAVID JONES, Wall Street Economist; DORIS GRUMBACH, Book Reviewer; In Washington: WILLIAM SCHNEIDER, Political Scientist; ALAN BARON, Democratic Analyst; DAVID GERGEN, Republican Analyst; Reports from NewsHour Correspondents: JUNE MASSELL, in New Haven, Connecticut; JUDY WOODRUFF, in Denver. Byline: In New York: CHARLAYNE HUNTER-GAULT, Chief National Correspondent; In Washington: JIM LEHRER, Associate Editor