Axelrod said on ABC's "This Week With Christiane Amanpour" that despite stiff Republican opposition that derailed the overall jobs bill, the components still had public support and would be successful in a piecemeal manner.
"We are going to take it apart and we're going to go piece by piece," Axelrod said. "The American people support every single plank of that bill, and we're going to vote on every single one of them."
Axelrod declined to talk about which planks would be brought up first, but he portrayed the setback as knee-jerk opposition from the GOP, which he predicted would not play well on Main Street.
"I think so many Americans are just sitting there saying to Congress, 'Do something. Stop playing games.'"
Axelrod also predicted voters would not be receptive to the GOP's efforts to block reforms to the financial system at the same time the Occupy Wall Street protests point out the seeming inequities in the system.
"The American people want a financial system that works on the level," Axelrod said. "They want to get a fair shake and they want to know that the dealings that are made are done transparently."