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the united states is ready for the challenge. >> as we've discussed, the united states and china will continue to compete and as americans, we welcome competition it's part of our dna and propels our citizens to rise to the challenge. cooperation as you and i have spoken about, can only be mutually beneficial if the game is fair. >> perhaps we welcome competition, but are we ready for it? business professor peter navarro is the author of the book "death by china." peter vice president biden says the u.s. welcomes competition. you say china is using in your word, quote, weapons of job...

for the next debate, does cain have what takes to go the distance? we want to welcome our viewers in the united states and around the world. i'm wolf blitzer and you're in "the situation room." . president obama says that iran must be held accountable for an alleged plot to kill a saudi ambassador to the united states. he is ramping up efforts to punish and isolate iran as he puts pressure on republicans in congress for blocking his jobs bill. jess yak jessica yellin is standing by much he was asked about the alleged assassination plots, the links to the iranian government. give ...

When you're looking at what you're expecting to do, how much can states play a part in creating jobs as opposed to the federal government? >> well, we're the main engine of jobs. first, we have to have a strong, educated workforce. secondly, there are ways to help, for instance, start-up companies with state funds so they create jobs and bring more opportunities to people. third, states can invest in training workers. that's important in creating jobs. and then also through tax incentives. i've lowered taxes for moving companies to plant themselves in new mexico. if they pay higher wages, for ...

Doubling exports. actually we are ahead of schedule. eximportant exports has been one of the strengths of this recovery. and soon, thanks to new trade agreements not only are we going to send soybeans to korea, we will see cars on those streets imported from detroit, toledo and chicago. so, you know, i don't mind kia being sold here, i just want to make sure they are buying chevys and fords. so we are going to keep training workers with the skills they need to find these jobs. we are going to keep creating new jobs in american energy, including alternative energy that has been a source of stre...