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"the situation room". we begin with the state of unemployment in america, just three months before election day. both democrats and republicans have something to seize on in the newest jobs report. employers say they added 163,000 jobs to the u.s. economy in july. that's better than economists expected, and something for the obama camp to hang its hat on. but the romney camp is pointing to this figure, the overall unemployment rate unexpectedly rose to 8.3%, because american households report losing 195,000 jobs. we want to bring in our white house correspondent, dan lothian. so so...

"outfront" tonight, mitt makes a bold promise. 12 million jobs. take a look at this ad in the wall street journal. written my romney's top economic advisor. first of all i want to draw your attention to the cartoon. there is obama on a tortoise with a whip. and romney on a horse going so fast that his tie and horse tail are flying in the wind. 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...

a commuter airliner and two other planes dangerously close to one another. it happened at washington's reagan national airport. and in an extraordinary move, the faa administrator and the transportation secretary came out today to talk about what happened. our brian todd is at the airport. brian. >> reporter: yeah, candy. extraordinary because for the first time we're getting the hard information from america's two top transportation officials that this was really too close a call. they came out in a hastily called news conference to say, yes, it was too close a call. another part of...

Full time here at msnbc. george, it's wonderful to have you. what do you think of this farm bill. >> i tell you this farm bill is one in a long series since the early '50s that were aim at destroying the new deal. if it's discussed as welfare, nobody will understand what the original farm bills in the new deal were really all about. >> explain the difference and explain why the current way that we conceive of farm support doesn't work. >> well, you see, as you were talking about food stamps, we're not going to eliminate poverty with food stamps. if people were given a minimum wage that was a l...

Were given the tools to control supply so that the big corporations that buy our products would have to pay at that kind of price, you wouldn't have to have subsidy payments. >> but isn't -- but don't we -- don't we have price -- i mean my understanding is there are price supports for a variety of the big five commodities. >> no, there have not -- you're confusing the term "price support" with "income support." >> right. >> income support is like a welfare payment, a subsidy payment, where, in fact, what the new original -- the new deal farm programs did was guarantee farmers a fair price just...