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Transcripts For CNNW John King USA 20110817

time now. american peems s top priority is the creation of jobs. create jobs. create jobs. job creation. focus on jobs. new jobs. jobs. jobs. jobs jobs jobs jobs jobs. jobs. talking about jobs. are talking about jobs. and now it s time to talk about jobs. well, they re all talking about jobs. the president included. the question is, what are they actually doing about it? this afternoon cnn s wolf blitzer spoke with mr. obama. he asked him why wait until september? he pointed to initiatives already pending before congress. then he asked if the president may be planning something much bigger. there s been reports you want to create a new department of jobs, something along those lines. is that true? you know, that is not true. but what is true is that i think we missed an opportunity a month ago when we could have dealt with our debt and deficit in a serious, balanced way that would have avoided these huge gyrations in the financial markets, given

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