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wide-ranging better view. and growing likelihood israel could attack iran's nuclear sites anytime in the next few months. that chilling prospect is only the latest stunning statement by leon panetta. why is she speaking so freely? i'm wolf blitzer. you're in "the situation room." it's been a long time since economists have sounded so giddy about jobs, but they're cheering, showing nearly a quarter of a million jobs, 243,000 were added in january, far more than expect ed the dow jones industrials just closed, up more than 150 points to reach its highest level in almost four years....

>> gregg: that leads me to my next question. there is a pop theory that people tend to vote their wallets which means the economy. take a look at this poll. it finds that 60 than disapprove of the way the president is handling the economy, a scant 34% approve. as you point out, yesterday we did see the jobless rate drop to 8.8%. if it continues -- i don't think it will get to 7% as you suggested what a president needs historical. but if it gets to 8% even or 7.9 does the president become the beneficiary of that? >> of course remember, we have another phenomenon, the number of under employed, p...

Sectoral, we know that they are nonsmoking, breast feeding, we've seen the rate drop in half nationally since this campaign started, and -- >> martha: it's tragic, and i'm sure that they'll continue to look into these other environmental issues. but as you say, it feel as though it's been investigated, not a great solution for those families. they want more. but doctor, we want to thank you very much. >> thanks for having me. martha: tough story. hurts to listen. bill: what a story indeed, martha. so wisconsin is taking the next step forward, trying to implement the changes with the antiunio...

Ans and creditses and that stuff, to do so. would you be open to that? >>guest: we would. we have talked long and lard with the administration and others about our tax situation in this country. as a corporate payer of taxes, we we compete with our competition outside the u.s. and all of our competitors with the exception of those in japan, pay less corporate taxes than we do in our case. and, therefore, that puts us at a disadvantage. we with like to have the tax code simplified, and to have the rate drop and be come pettive and i with not like to be branded as taking revenue away from the co...