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Traveling with the president. >> president obama and vice president biden immediately hit the campaign trail with their wives, as senior white house advisor david plouffe declared they now have momentum if not a bounce. >> i have just come from charlotte where we had a great convention. [ applause ] >> any momentum, though, could be throttled. thed 96,000 jobs created in august was below expectations and the unemployment rate dipped slightly only because 368,000 more people simply left the workforce. >> it's sort of undermines his argument, and throws a wet blanket over his convention coming o...

If you retire, those people -- >> clearly, it's the wealth. in fact, if you look at the income statistics that came out last week, that were pretty lousy, the only age group that saw an increase in their income were senior citizens, who are not in the workforce but they get they are income from the benefits of government and such. but here's the problem with your guys' analysis though. it is true that there's a wealth effect in terms of higher stock market values. the housing market hasn't done much at all, but the bigger problem is when you look at the wage issue, steve. and that's where i th...

Lousy, the only age group that saw an increase in their income were senior citizens, who are not in the workforce, but here's the problem with your guy's analysis though. it is true that there's a wealth effect in terms of higher stock market values. the housing market hasn't done much at all, but the bigger problem is when you look at the wage issue, steve. that's where o has a steep incline. wages are down 4,000 for the average family. >> you're piling on. here's president obama speaking about the tjobs numbers in new hampshire. >> today, we learned that after losing around 800,000 jobs a mo...

New jobs numbers is part dux. we'll start with the numbers and democrats seizing on the rate drop to 8.1% and the republicans seizing on the disappointing fet gain of 96,000 jobs. >> today we learned after losing around 800,000 jobs a month when i took office, business once again added jobs for the 30th month in a row. a total of more than 4.6 million jobs. >> it's been 43 straight months before 8%. there are today 23 million americans out of work or stopped looking for work or underemployed. it's a national tragedy. >> we'll have more with the dynamic duo. before that we have to go back to la...

You can promise to create jobs or have so many college graduates but the fact of the matter is, you need to say how we are going to get there, how we are going to get there in a way that's affordable and while -- as you know, it matters from the baseline, right? so mitt romney's speech was pretty much entirely devoid of substance, compared to mitt romney's speech. this speech had a lot of substance. compared to what the president promised in terms of telling us hard truths, less. >> mark, the president has now just reacted to the jobs report. let me show you. >> after losing around 800,000 job...