Detailed text transcripts for TV channel - FOXNEWS - 2012080

Detailed text transcripts for TV channel - FOXNEWS - 20120805:14:21:00

>> the real question for voters is going to be, what is the choice on the other side? this week we learned that governor romney's tax plan would raise taxes for the wealthy and, would cut taxes for the wealthy, a windfall for the wealthy and raise taxes by $2,000 on the middle class. >> kelly: that is david axelrod and joining me is the anchor of fox news sunday, chris wallace, and chris, your conversation with david axelrod. what does it focus on? jobs? the economy? the president's campaign strategy? >> yes, all of those. good morning, kelly. >> kelly: good morning. >> we started, of course with the latest jobs numbers that came out, on friday, for july. which indicate, yes, the economy created 163,000 jobs but the unemployment rate went up to 8.3% and the question is given his roar, the fact that there are 25 million people who either don't have jobs, have given up looking for jobs or are working fewer hours than they would

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