take a look at this ad in the wall street journal. first of all i want to draw your attention to the cartoon. there is obama on a tortoise with a whip. what was it supposed to be the tortoise and the hare? the newspaper denied the catchy cartoon but every word was written by glen hubbard. here in the second to last paragraph is the claim. president romney would create about 12 million new jobs in his first term and millions more after that. which means 250,000 jobs each and every single one of his 48 months in office. he says he will do that by cutting regulations and cutting taxes. does it add up? first the good news. tlt have been a few times in american history where this has happened. the chief economists of jp morgan notes it happened in the 1990s. that is where the good news ends for the romney jobs claim. since 1939 only 27% of monthly jobs reports have shown growth of 250,000 jobs or more. the research also notes the united states has never had four straight years whe
to early start. thank you for being with us. i m john berman. 5:00 in the east and counting down to the big jobs report that has huge political and economic implications. what we can expect and the health hazard that forced the first family of one state to move out of the governor s mansion. it is flat on the gross. something truly fantastic. we are talking about the olympics and that s her. the flying squirrel who is now the golden girl. 16-year-old gabby douglas cemented her legacy as the first straight american and the first african-american to win the women s all-around gymnastics gold medal. started with a vault and ended with the dazzling floor routine and completed a rise to olympic champion. amanda, you must be able to hear our enthusiasm. that was electric last night. it was, john. good morning. the greenwich arena turned into club gaby with the fantastic techno floor routine. the flying squirrel flamed the most coveted gold medal there is and it has been qui
you re in the situation room. it s part economics snapshot, part political football and there s only three more jobs reports coming out before the november election. the latest one released today has something for everybody. the labor didn t reports better than job gains in july. the unemployment rate still picked up a notch. dan, how does all this play out on the campaign trail? reporter: for mitt romney it allows him to say see, i told you so. unemployment still going up. it s still above 8%. what the president is doing is not working. the president was putting the spotlight on what he says is working even though he admitted there s still a lot of pain. thank you everybody. reporter: surrounded by a group of hand picked middle class and workers, president obama defended his policies and emphasized gained in a struggling economy. 163,000 jobs created in july. 1.1 million so far this year. 4.5 million over the last 29 months. those are our neighbors and family membe
good evening. i m erin burnett. mitt makes a bold promise. 12 million jobs. take a look at this ad in the wall street journal. first of all i want to draw your attention to the cartoon. there is obama on a tuortoise with a whip. what was it supposed to be the tortoise and the hare? the newspaper denied the catchy cartoon but every word was written by glen hubbard. here in the second to last paragraph is the claim. president romney would create about 12 million new jobs in his first term and millions more after that. which means 250,000 jobs each and every single one of his 48 months in office. he says he will do that by cutting regulations and cutting taxes. does it add up? first the good news. tlt have been a few times in american history where this has happened. the chief economists of jp morgan notes it happened in the 1990s. that is where the good news ends for the romney jobs claim. since 1939 only 27% of monthly jobs reports have shown growth of 250,000 jobs or more. th
we will bring him the speech live, and plus should the rich shoulder the tax burden or should it be spread evenly among all americans? well, that is the battle today as president obama calls out romney on the tax plan. i want to get right to it. three commercial airlines nearly collided in midair over reagan international airport when air traffic controllers were making adjustments in stormy weather and caused what officials call a miscommunication. the faa is looking into exactly what happened. house republicans taking their turn in the back and forth of the bush era tax cuts and they passed a gop plan to extend the tax cuts for everyone for one year, and most democrats want to extend them only for families making $250 a year. well sh well, a senate minority leader nancy pelosi and house speaker john boehner went before the cameras a short time ago and neither sign showing a sign of budging. on september 15th, 2010, president obama said that preventing the tax hikes wa