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CNNW Anderson Cooper 360 August 3, 2012



you will see in a moment when dana bash joins us, he is not backing down a bit. offering no facts, no evidence, just insinuations. and allegations. before we go further on this story, you should know we re not being partisan here. for weeks, we reported on michele bachmann and others making unfounded allegations about infiltrating of the government. by islamic radicals. the standard shouldn t be different for democrats, independents, libertarians or anyone. extraordinary allegations require proof. frankly any kind of proof. michele bachmann and company don t have ordinary proof, neither so far does senator harry reid. this began earlier when he told the huffington post what he says a bain capital investor told him. he said he didn t pay taxes for ten years. he went on. do i know that s true? well, i m not certain. that was harry reid saying i am not certain. you would think not being certain about the truth of an explosive allegation, you would kind of keep it to yourse ....

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CNNW The Situation Room August 3, 2012



you re in the situation room. it s part economics snapshot, part political football and there s only three more jobs reports coming out before the november election. the latest one released today has something for everybody. the labor didn t reports better than job gains in july. the unemployment rate still picked up a notch. dan, how does all this play out on the campaign trail? reporter: for mitt romney it allows him to say see, i told you so. unemployment still going up. it s still above 8%. what the president is doing is not working. the president was putting the spotlight on what he says is working even though he admitted there s still a lot of pain. thank you everybody. reporter: surrounded by a group of hand picked middle class and workers, president obama defended his policies and emphasized gained in a struggling economy. 163,000 jobs created in july. 1.1 million so far this year. 4.5 million over the last 29 months. those are our neighbors and family ....

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CNNW CNN Newsroom August 3, 2012



grounded, some parts of the 2,500 mile lifeline 50 feet below flood levels last year. america s fight over same-sex marriage coming down to a fried chicken sandwich. today, round two, a kiss-in at chick-fil-a s nationwide. we ll talk to the organizer live in 30 minutes. newsroom starts right now. and good morning to you, happy, happy friday, i m carol costello. we begin this friday morning with some better news about the nation s economy. the labor department says 163,000 jobs were created last month beating expectations of around 95,000. in the meantime, the unemployment rate edged higher to 8.3%. that s the headline. but for more on this story behind the numbers, we want to bring in christine romans. she s in new york. tell us what these numbers mean, christine. well, it s a solid report. a solid report for july. but remember june was revised downward. so 64,000 jobs created in june and 163,000 created in july. this is the best month for jobs creation now in f ....

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CNNW CNN Newsroom August 3, 2012



breaking down the july jobs report this hour. i want to get to t employers added 163,000 jobs in july, much better than the 95,000 that economist also predicted. the unemployment rate rose to 8.3%. the latest political spin as president clinton and mitt romney weigh in on this report. go beyond the numbers to find out what the report says about the state of our economy. we are also going to see how wall street is reacting. president obama and mitt romney did not waste any time giving their take on the jobs report. romney is on the campaign trail r he is in vegas. president obama had a meeting with middle class families at the white house. romney points to the 42 moments with unemployment above 8%. he said the jobs report is more proof that the president s policies are failed. well, we continue to have 23 million americans out of work or have stopped working for look or underemployed and see job numbers bounce around month to month to month butno question that we now h ....

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CNNW Erin Burnett OutFront August 3, 2012



erin burnett. and the market looking for the slightest bit of good news, and got a little bit today and surged. the dow is up 213 point, the reason, the jobs numbers for july was better than anyone was looking for. the total number, 163,000 jobs created last month. the prediction was 100,000. we need about 125,000 jobs created per month, just to keep up with population growth. so this report does that. but look at the rest of the year. i mean, we haven t been able to clear that hurdle since march. it s been a really grim stretch. so there was a little bit of relief today. the bottom line is this. the american economy only has to add another 316,000 jobs to get back to where it was in january 2009 when barack obama took office. now, that would mean that he breaks even. but remember, in january of 2009, the economy was in a really bad place, and what he needs to do to make people feel really good, like the economy is recovering, is not only to break even for himself, but ....

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