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Transcripts For CNBC The Kudlow Report 20120705

staff. rupert murdoch, jack welch, the biggest names in business are saying that romney is not tough enough and he lacks the stomach to take on president obama. and by the way, why in the world did mitt romney flip-flop on the obama care tax hike? why did he do it? also this evening, why have ceos lost confidence in the american economy? only 17% think positively on the my in the second quarter. that was 67% in the first. and worse yet, they don t see it getting any better. we have two powerhouse ceos who are my special guests to weigh in. tomorrow s jobs numbers are going to be critical. stocks lost 212 points last time. let s hope it doesn t happen again. first up, president obama embarks on his swing state bus tour. our very own john harwood joins us with some of the details. what s he saying, john? . reporter: larry, you know the president got the health care ruling he wanted from the supreme court last week. his poll numbers have been stabilizing and he set out on

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