what's different about the visions about how america moves forward. two ways of thinking about this country. when i think about america, i think about my family. i think about my grandfather who fought in world war ii. my grandmother who even with a baby was working on the assembly line and when my grandfather came back home, he got the opportunity to go to college because of the gi bill. i think about my mom. single mom. my dad left when i was a baby. so she had to raise me and my sister with the help of my grandparents and it was tough sometimes, but she was able to do it and get her own education and ensure i got a great education because she was able

to get student loans and grants. i think about michelle's parents and how her dad worked at the water filtration plant blue collar worker in chicago and mom stayed at home to look after the kids. when the kids got older she went to work as a secretary of a bank and worked there most of her life. when i think about both michelle's family and my family, what i am reminded of is what made america great was this basic idea, this basic bargain that all of you experienced in your own families. your parents and grant parents and great grandparents. maybe some came from somewhere else. here in america, you could make it if you tried. it doesn't matter -- [ applause ]

it doesn't matter what you look like or where you come from or what church you worship in, the idea is that if you were willing to put in the work and take responsibility for your family just like dan was talking about, if you were willing to stick with it and tough it out when times got tough sometimes, ultimately hard work was rewarded and responsibility was respected. you didn't just look out for yourself, but looked out for the community as well as your family. and your country. nobody expected to get fabulo fabulously rich although it was great if people got rich. when i think about my family or michelle's family, what made us rich was spending time together. the idea was that if our

families had good values and willing to work hard, you can find a job that paid a decent wage. eventually saving up, you could own a home. you knew you couldn't go bankrupt when you got sick because you got health insurance. maybe you took a vacation once in a while. it wasn't necessarily a fancy vacation at a fancy resort. the best vacation i had as a kid was my grandmother and my mom and my sister, we traveled around the country on greyhound buses and on trains and we stayed at howard johnsons. i was 11. if there was any kind of swimming pool, it didn't matter how big it was. you spend the whole day there and you were real excited to go

to where the vending machine was and get the ice and that was like a big deal. you just see the sights and stop by a diner someplace. you would have that chance to take a little bit of time off to spend with your family. when you retire, you retired with dignity and respect. you were part of a community. that basic bargain is what built this country. that's what made us an economic super power. that's what made us the envy of the world. not the fact that we had the most millionaire or billionaires, but the fact that our economy grew from the middle out. there were ladders of opportunity for people to get into the middle class even if

they were born poor. the reason i ran for president, the reason i ran the first time for a state senate seat on the southside of chicago was because for too many people that bargain and that dream felt like it was slipping away. for too many people. we had gone through a decade where people were working harder and harder, but they didn't see any increase in income. profits were going sky high for a lot of companies, but jobs weren't growing fast enough and the cost of everything from health care to college tuition to groceries to gas. kept going up. faster than people's incomes. so a lot of folks felt like that idea that we not only could live

a good middle class life, but pass it on to our kids. they could succeed the way we may not have imagined. they could go to college and do things that we couldn't imagine doing. that felt like it was slip away for too many people. that's why i got into politics and ran for president. that's why in 2008 a lot of you caming e ing came together to help support us. we didn't realize we would get hit with the worst economic crisis, the worst financial crisis in our lifetimes. obviously the hardship that occurred because of that made that dream a little bit further out of reach for too many people. we came and it wasn't just democrats by the way. it was independents and republican who is wanted to figure out how we put that basic bargain back together. the growth of middle class not

from the top down, but from the middle and bottom up. that was our idea. now, we knew from the start in 2008 that turning that around wasn't going to happen overnight. it didn't happen overnight and we were not going to reverse it overnight. we have been steady and worked hard and dan's story is so typical of so many i meet who had to make adjustments and deal with disappointments. came back stronger and came back tougher. that's what america is and what ohio has been doing. over the last several years, what we have seen are people who go out and retrain for new jobs and small businesses. they have to adapt and the owner doesn't take a salary to keep folks on the payroll.

i met a woman yesterday in parma who i met a year earlier. she had been out of work for two years and gone back to community college at the age of 55. retrained and i saw her in the rope line after my speech. she had just been certified and was starting her new job on tuesday. [ applause ] after two years of community college. those stories are duplicating themselves all across ohio. it's still tough out there. we learned this morning our businesses created 84,000 new jobs last month and that overall means that businesses created 4.4 million new jobs over the past 28 months. including 500,000 new manufacturing jobs. that's a step in the right

direction. that's a step in the right direction. but we can't be satisfied because our goal was never to keep on working to get back to where we were in 2007. i want to get back to a time when middle class families and those working to get to the middle class have basic security. that's our goal. we have to grow the economy even faster. we have to put even more people back to work. we have to tap into the basic character of the country. our character has not changed even though we have gone through tough times. it hasn't changed our character and changed what made us great. it hasn't changed why we came together in 2008. again, our mission is not just to get back to where we were before the crisis, but we have to deal with what's happening over the last 15 years.

manufacturing on the shores and incomes flat lining. all those things are what we have to struggle and fight for. that's the reason i'm running for a second term of president of the united states. i want to move forward. i want to move this country forward. >> four more years! four more years! four more years! >> thank you. here's the thing. remember i told you this was a choice we have to make. what's holding us back right now is not that we don't have good answers for how to grow the economy faster or put people back to work. we have a stalemate in washington. we have got two fundamentally different ideas of where we should take the country. we are trying to put congress to

work. this election is about how we break that stalemate. the good news is it's in your power to break the stalemate. it's in the power of everybody who lives in ohio and everybody who lives in poland and everybody who lives all across the midwest. all those folks out there whether you are punching a clock or starting a business. you have a chance to move this country forward, but you are going to have to make a choice about which direction we are going. my opponent and his allies in congress and the special interest that support them, they have got a particular idea of how you grow an economy. it's actually a pretty simple idea. their basic idea is that if we spend trillions of dollars more on tax cuts, most of the benefits go into the wealthiest

individuals in the country. the average millionaire gets a $250,000 tax break. even if we have a gut education to do it or cut job training programs to do it or increase middle class taxes to do it. if we cut trillions of dollars in taxes and we eliminate regulations, all kinds of regulations, the regulations we put in place to make sure that wall street doesn't engage in reckless behavior that we have to bail out later. or regulations that prevent insurance companies from excluding people with preexisting conditions from coverage. or regulations that protect consumers from being taken advantage of by credit card companies. if we eliminate all the regulations and combine those

with the tax cuts, then wealthy investors and companies will do very well and the benefits then will spread to everybody else. that's the idea. i'm not making this up. i'm sure that they would say it differently. they describe it differently. that's their basic theory. you can go to mr. romney's website or look at the plan that the republicans in the house of representatives voted for and you see that's basically their plan. that's their vision. their basic idea is if everybody is just on their own doing what they do, everything is going to turn out fine. it's a theory. but i think it's wrong. i think it's wrong.

[ applause ] the reason i think it's wrong is we just tried it. we tried it in the decade before i took office. let's look at what happened. we saw us fighting two wars on a credit card. the tax cuts turned to a surplus into a deficit. the lack of regulation resulted in what happened on wall street and we ended up with the biggest crisis that we have ever seen. it ain't right. it's not a smart theory. i mean if we hadn't tried it before, you might say okay, let's give that a shot. but we just tried it. it didn't work. you know, if you look throughout

the history, that kind of top down economics has never worked. we have got to have somebody who is fighting for you. somebody who is thinking about how to grow the economy from the middle. out. from the bottom up. not from the top down. that's why i'm running for a second term as president. i have a different idea. >> you have been listening to president obama in poland, ohio. i'm thomas robbers. the president on his stump betting on america's bus tour. the june jobs numbers are out and only showing slow growth for the month with 80,000 jobs added. we want to get instant reaction from chief white house correspondent and director and host of the daily run down, chuck todd. we have mitt romney coming out and the president coming out with two different spins, but agree it's neutral.

>> what's interesting is body language tells you everything. look how quick mitt romney talked about it and pivoted off of it. he sees it politically as a way to sell his vision. look how long it took the president to get to the news of the day. if it was better news, you would hear the president talk about it better. he has to sell this issue of context. what was striking to me was a couple of things about hearing both the president and mitt romney. they both made the same case. the other guy's same old ideas have been try and are not working. the president is trying his way and it's not working and the president said what mitt romney is proposing is the same thing we saw in the decade before, alluding to the bush years on economic philosophy. in an odd way making the argument that the other guy's ideas are stale and tried before and not working. context is everything. you have a president trying to

remind everybody wherever he goes. he talks about how deep the hole was and how long it's going to take and he is asking for more time while not trying to make the case that somehow things are rose petals and everything is going great, trying to look like he is in touch with what is anxiety out there. mitt romney is saying doom and gloom. it didn't work. it's not working. if you want to see the economy moving again, fire the president and hire me. >> it took the president about ten minutes to get into talking about the jobs report. mitt romney talking about it directly. the visuals, the compare and contrast of mitt romney on vacation and showing up it looks like some type of lumber yard or tool shop. >> hardware store. >> the president there talking and both talked about vacation. it was interesting to hear the president talk about staying in

hojos and that's what americans want. there is nothing wrong with taking a vacation with your family. >> let's remember the subtle point that the obama campaign is trying to sell here about the midwest. they believe one of their advantages here is going to be on a gut level. who is more in touch with the working class voter in ohio and western pennsylvania and wisconsin and michigan. this part. the obama campaign thinks they will paint a picture of mitt romney as this out of touch rich guy. your boss, if you will. the guy that was in charge of the companies that closed down the factories in your town. suddenly here's the president talking about right when mitt romney is on vacation where he had to answer the question about you have been critical of the president vacationing and here's the president who is no stranger to nice vacations himself in martha's vineyard and hawaii, but saying i was a regular kid

agreeing up going to howard johnsons and swimming in any swimming pool. it's all part of the shuttle distinction trying to draw with mitt romney. mitt romney is not in tune with the everyday person of ohio. >> it seems like the sim message and they are preaching to the choir based on this news of the jobs report. how do they get the attention of independents? >> i don't know if they are paying attention. we draw so much out of every week matters. i think a lot of these things are hurdles for each campaign to clear. they are just that. they are hurdles whether it's a jobs report or the supreme court ruling. the gut check is not going to take place and that's not going to take place for the debates. we will tell you every day matters and it does on the margins and it does when dealing with the base. it does when you are trying to

get your message in place and lay the ground work for the argument like the president is doing. ultimately that last sliver of undecided voters are a gut check and they will watch them with the debates. it's hard to imagine anything before the debates will change their mind unless it's a dramatic up turn or downturn. >> chuck todd, host of the daily run down, thanks so much. we will be back with much more here on msnbc after a quick break. we have our power panel lined up to talk about this. see you in a second. do you see it ? there it is ! there it is ! where ? where ? it's getting away ! where is it ? it's gone. we'll find it. any day can be an adventure. that's why we got a subaru.

love wherever the road takes you. wow, there it is. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it helps pick up some of what medicare doesn't pay. and could save you thousands in out-of-pocket costs. to me, relationships matter. i've been with my doctor for 12 years. now i know i'll be able to stick with him. [ male announcer ] with these types of plans, you'll be able to visit any doctor or hospital

that accepts medicare patients. plus, there are no networks, and you never need a referral to see a specialist. so don't wait. call now and request this free decision guide to help you better understand medicare... and which aarp medicare supplement plan might be best for you. there's a wide range to choose from. we love to travel -- and there's so much more to see. so we found a plan that can travel with us. anywhere in the country. [ male announcer ] join the millions of people who have already enrolled in the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people 50 and over for generations. remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road.

i have a lifetime of experience. so i know how important that is. these numbers under state what americans are feeling. it doesn't have to be this way. this kick in the get has got to end. >> that was mitt romney reacting

to the weak job numbers and 80,000 meaning that the unemployment figures stay at 8.2% and down by 163 points as we speak. president obama remains on the stump on his betting on america bus tour. currently speaking to a crowd that gathered in poll ant, ohio. we bring in this friday's power panel. ron insana and jared bernstein who was also economic adviser to vice president joe biden. karen finney and national journal reporter chris freight. it's great to see all four of you. we strengthened the panel. to have all four of you here at one time. let's start with the fact that we heard mitt romney coming out strong saying this is a kick in the gut. when we look at the numbers, there is no way to slice it with the figures staying at 8.2%.

when you look at that, we have the first half of the year is over. where do you see the second six months going? >> the expectation is that the second six months are going to be a little bit better, but not by much. if you think about what's puing downward pressure on the growth, there is lots of squabbling in congress. you will hear the president refer to that and there is head winds from europe. a few things and low gas prices and the housing market may not be doing better, but it's not getting worse. most forecasts are for a continued slog and where people put the unemployment rate, the most optimistic is slightly below 8%. most are around where we are now. >> your take on this as we watch the markets reacting 160 or 170 points. that is to be expected with the numbers we see today. >> this is one of the numbers of having nothing for everybody. it's not a recessionary number

and not a number that inspires notions that were going to accelerate. if you look at the employment growth, it averaged 220,000 jobs per month. we are looking at 76,000. it's a sign of deceleration and when you look at the components, there were a few bright spots and the broader measure of unemployment and the u 6 rate that has everyone who are characterized as unemployed to those who dropped out of the workforce ticked up to 14.9%. that's not a helpful figure either. >> the president came out and relating to people going on vacations and staying at hojos with his mom and sister as a young kid. when we talk about the anxiety and the president is out there trying to convince people he has the vision and the leadership to take this country forward in the second term, how do they slice and dies the number when is it

looks so anemic and the fact that we are halfway through the year and here we are at 8.2% still? >> right. as you just heard, the expectation is it might get a little bit better, but hanging on and hoping for a miracle in the jobs number is not realistic. that's part of why you are seeing a political strategy that is number one, the president is talking about here are the things that are within my control that i have done and i am trying to get done to get this economy moving, talking about the roll that congress is playing. that's an important thing. he has to keep talking about that. part of the reason he is talking about his own beginnings, the relatable american story. as chuck was pointing out, this comes down to who do you trust? if you trust that the better better understands where you are coming from, you will entrust your future to him versus mitt romney who played a role frankly in the kinds of economic

activity that took jobs out of the country that have negatively impacted where the economy is. having on the outside game going after mitt romney and holding him accountable and holding on the inside with president obama making the case that i understand and i will keep fighting for you. >> as we saw mitt romney, calling it a kick in the gut. is it his time to pivot back to his economic message. in doing so provide the american people the specifics not only about the long-term plan, but a short-term plan. if there is no overnight fix no matter who we have in november. >> romney has tried to do this. we have a 56-point economic plan. i'm on message and run companies and he will continue to hit that. what's interesting is the idea that we will see this replay itself with every job report from now until election day and not see things get better.

there is not much if anything the president can do policy-wise to move those numbers. he can keep his fingers crossed and hope europe can get their act together and help juice the numbers in the states. there is not a lot he can do which is why you see him on the stump going to talk to workers and kind of do the campaign thing. to talk about the trade in china. not a lot he can get through and congress and what he has done and defended in stimulus. mitt romney is saying that didn't help at all. you have to go with me. because we are not going to see a lot, voters are starting to tune in and tend to vote on what is it like right now. not where are we going, but headlines of it's not getting better, but staying the same is not good for president obama. a lot of good for the voters. there have been comparisons

between president obama and former president carter. the 1980 presidential race was neck and neck until the end and finally broke for ronald reagan when they concluded that carter could not cope and despite reagan's flaws was a viable alternative. how can the president cast this vision for independents moving forward? these numbers remain the same and things are not going to look hotter into november. how do does he do it? >> it's tough, but i thought what we heard the president say today was pretty compelling. at least from an economics perspective. he is right. one of the things he has to argue is a couple of things. chris said this by the way. it's a 59-point plane. you stole three points off of romney's tally. one of the things that the romney folks said is we can't do anything in the short run.

they don't believe it can be done. the president has good street credit and good plans to put teachers back to work. the main argument which we heard a lot today. supply side trickled down doesn't work and there is no question that mitt romney said i will add $5 trillion by cutting taxes from rich people and it sprinkles down on people's heads. that stuff doesn't work. as an economist who looked closely at the growth numbers and the job and the income numbers and the poverty numbers, the president has a good chance for the electorate. >> we typically agree, but i found the president's comments neither inspirational or aspirational. he described a childhood i can relate to. it's effectively for lack of a better description a lower middle class existence. if that's the aspiration he is

suggesting we return to, it's not the type of things that excites voters. >> do you agree -- >> entitlement reform and juice the economy by being more competitive and more responsible. >> that makes sense, but do you agree on my trickle down point? >> i don't know. >> you think that works? >> it depends which tax cut you are talking about and at what time in a particular economic cycle. all the number guarantees today is the federal reserve, the only doubt institution in washington will step up and do more to stimulate the economy while they campaign. >> taking to the skyline drive with a station wagon with wood panelling at hojos. thanks to all four of you. we will hear from the spokesman to get more republican reaction to the jobs report as well as the president's comments, but also we will find out what is the republicans's plan to get

the economy back on track. the specifics. it's also friday that means it's time for the power rankings. who is out in front and gaining ground. the best of the week. we will take a week at who is losing steam. they all join me coming up. be sure to check out my facebook page at thomas a roberts msnbc. welcome to hotels.com. summer road trip, huh? as the hotel experts, finding you the perfect place is all we do. this summer, save up to 30%, plus get up to $100 on us. welcome to hotels.com. until i had the shingles. i have never encountered such a burning sensation... it was like a red rash. like somebody had set a bag of hot charcoal on my neck. i had no idea it came from chickenpox.

it's something you never want to encounter. for more of the inside story, visit shinglesinfo.com but they haven't experienced extra strength bayer advanced aspirin. in fact, in a recent survey, 95% of people who tried it agreed that it relieved their headache fast. visit fastreliefchallenge.com today for a special trial offer.

visit fastreliefchallenge.com

we charge everything else... maybe it's time to recharge the human battery. only the beautyrest recharge sleep system combines the comfort of aircool memory foam layered on top of beautyrest pocketed coils to promote proper sleeping posture all night long. the revolutionary recharge sleep system from beautyrest... it's you, fully charged. get a free set of sheets when you buy a select beautyrest mattress. hurry, offer ends soon. >> we continue to follow the developing news. stock futures are tumbling and stock prices climbed. employers hired a moderate pace with 80,000 jobs last month. the market is currently down and across the board. the dow jones losing. mitt romney reacted quick le to the jobs report, speaking out over an hour ago. he has been on vacation with his

family and called the numbers a kick to the gut and it's time for americans to choose. >> the president's policies have not gotten america working again and the president is going to have to stand up and take responsibility for it. >> joining me today is shawn spicer and director of the republican national committee. a quick sound bite from what the president had to say as he is on the stump in ohio. >> we knew from the start in 2008 that turning that around was not going to happen overnight. it didn't happen overnight and so we weren't going to reverse it overnight. >> we are steady. referring to where we are pacing-wise. how do you respond to the argument that it's going to take time and we are on the right track. >> we have given him time. the last panel pointed out that

total unemployment is 14.9% and they are continuing to be concerned about how they will survive. it's not like the president was elected yesterday. he was elected 3 1/2 years ago and put a plan in place that he said would fix it and would get us down to well below 6%. we are not even throws. we are 41 mors above 8%. we keep hearing the president blame everyone else. we e presidents to lead and not blame and make excuses. we had a democratic congress and got everything he wanted. he took his eye off the ball and didn't focus on the economy and now he keeps trying to rewrite history. he said when he was elected, give me the ball. it's my economy. we are here to hold him accountable to that. >> the american bridge dug up the video while he was governor.

he has a different way of reflecting on his predecessor. take a listen. >> i came in and the jobs had been just falling down a cliff. i came in and they were falling for 11 months and we turned around and we are coming back. that's progress. if you are going to suggest that the guy who got elected jobs should immediately turn around, that's sill. it take a while to turn it around. >> there he is saying the healing takes time. why is mitt romney putting up a different standard for president obama? >> i don't think that's the case. when governor romney came into office in massachusetts, massachusetts was 51st in total jobs behind every state and district of columbia. when he left was 30th. it did take time and he had four years and moved up 20 spaces in terms of job creation. he is right. you can't turn it around overnight.

>> if you do it over four years, it comes in at 47th and if you are doing the math where you take the last year he was in office, he didn't run for reelection. if he did a good job, why didn't he run for reelection in 06? >> i don't know what he was doing in 06 in terms of why he did or did not run at the time, but i think look at the record. he came in and it was 51st. he left and it was 30th. he created jobs and turned it around not just in job creation, but came in and there was a huge deficit. he turned that around so that he left the rainy day fund. his record speaks very well in his ability to turn things around and his private sector experience speaks well to his ability to understand what the economy needsa the a time like this. the president is the who said last month that the economy was doing just fine. now he said don't read too much into the numbers.

month after month it's another excuse and another person to blame or blame congress or head winds or whatever. it's time that we stopped blaming people. we stopped making excuses. either he is going to lead and get the job done or we have to change direction in the country and elect someone who will put job creation first and foremost. >> nice to see you today. >> mitt romney raises $100 million, likely beating out president obama for the second straight month, but the president still holds the record plus coming out for president obama. we are back with more.

a little snack. on a wednesday. at 2 am. get that great taste anytime with kingsford match light charcoal.

♪ power surge, let it blow your mind. [ male announcer ] for fruits, veggies and natural green tea energy... new v8 v-fusion plus energy. could've had a v8.

pa. sleep deprivation may increase the risk of stroke. people who get less than six hours of sleep are more likely to have a stroke than adults who got more sleep. >> welcome back. a lot of people wondering, is mitt romney's short list is shorter today? the auditions continue as rumors ramp up that romney could make his choice more sooner than later. tim paw lenty and bobby jindal are in pittsburgh mirroring the president's bus tour. >> we saw what the job number this is morning and all of his promises about turning around and all the good things he was going to do have been unfulfilled or broken. he doesn't deserve reelection and we need to communicate that. >> ann romney hinting that the best vp pick could be a woman. >> we have been looking at that and i love that option as well.

there is a lot of people that mitt is considering right now. >> joining me for the veepstakes power rankings are the cohost of the msnbc, the fab four. it's great to have you guys here. i will start on my right and go with you to find out where we switch things up. >> that's exactly. all the mart money is on whoever steve said will be vp. >> you got it. when it's steve. i basically took all the bait in your lead in. paw lenty and jindal stumping with romney and marched in the fourth of july parade. i think overall romney is betting on the fact that if he is a non-offensive alternative to the president chblth, he can run on the economy and huge

fund-raising. tim pawlenty is the more bore safest choice he can make. >> the odds of portman under 30%? >> i think portman is a strong choice, but he carries a lot of baggage with the budget and the president is going to try to tie bush administration policies and say we don't want to go backwards. >> didn't she say condi rice. >> she say stealth choice. >> the republican cannot win the white house without ohio. portman gives you that and the boring do no harm thing that you referred to. if i'm reading any tea leaves, i look at what ann romney said. ic kelly is getting that look. she can narrow the gender gap. i am liking her.

she brings to new hampshire and doesn't do much to win, but -- >> i don't know. >> she is the only who said pick me and would be good at it. i like that she has confidence to say pick me. she is out there. >> cristy is saying the same thing. >> you moved up and ryan down. you added pawlenty. >> ann romney is lying. they are not looking at women. they are not going to pick a woman. no way. i stick with rob portman being the do no harm candidate and paul ryan as my first choice. i added pawlenty. he has been an effective surrogate and he is likeable. i know you think he is boring. >> he is not unlikable. >> it's good, but i love that you called ann romney a liar. >> she is lying. they are not looking at a woman candidate. they are not going to go with a

woman. no way. >> it's a good fib. >> it's a good fib. >> i like a man with confidence. if you stayed in the same position. >> i am confident i know nothing. i had number three on my list and in case they decide that they want a woman, that's where they want to go. i think the important thing to remember, between now and whenever romney makes the pick is there will ab i lot of moments like this. when he sends perspective vps. there is such a thing as a courtesy vet. a few things here. one, if you want to show that you are broad and open to women and minorities, you put the word out or you are looking at a woman or minority. another is saying thank you to a key supporter and you have no intention of putting on the ticket. john mccain in 2008 bringing

charlie crist on the ticket. if you are a politician and you have an ego, you would love to be mentioned. >> you won't get votes from women because ann romney lied or fibbed that we are looking at some woman. that's not going to happen. >> put a woman on the tick or ll help you with women and latinos. geraldine ferraro did nothing with the women vote. sarah palin was going to get women voters to the republican side, did nothing. >> palin's a bad example. >> you have two to work from. i'm giving you both of them. >> a lot of people are talking about the fact that the pick might come sooner than later because the olympics are coming up, charging energy to this campaign. two is better than one because you have joe biden out there on the stump, the president's out there on the stump. think that will happen? >> i doubt it. i think you wait until after the olympics. you'll have a couple weeks to kill or a few days between the olympics and start of the republican convention.

again, look back at the history of these things, a lot of times it's just not the names that are really out there. lloyd benson, jack kemp in '96. it's not just sarah palin who came from nowhere. >> do you think the person we've seen them, we've seen them physically be together, this is not some person that's totally off the radar. >> who knows. i actually tend to think he is going to go with someone who is relatively safe and obvious because i think he's going to make a very careful and safe and non-contentious decision. i kind of think he is going to go with one of the people that we have been talking about. >> this is fun and we love doing this veepstakes but this is not dispositive. this is not the thing that will turn the low information and high information voters who haven't made their decision over to say well, he picked pawlenty or ayotte -- >> i don't know. >> now i'm going with romney instead of obama. >> the vp pick in this case actually does have a chance to add momentum to the campaign. maybe anyone else, i don't know. >> if he's boring, he's not

going to add momentum. >> it could be someone we grow to like over the next two months. i don't know. >> from your perspective, s.e., would you then say that's why he didn't win? >> what do you mean? >> well, if he picks a number two that doesn't bring that energy, then -- >> no, no, mitt romney has been running for president for six years. he's not going to be able to blame anyone but himself. his campaign, or the climate, the economic climate. and he knows that. yeah. >> we'll see you guys this afternoon 3:00. thanks so much. the cycle weekdays at 3:00 p.m. this is msnbc, the place for politics. we'll be right back. [ kate ] many women may not be properly absorbing the calcium they take because they don't take it with food. switch to citracal maximum plus d. it's the only calcium supplement that can be taken with or without food. that's why my doctor recommends citracal maximum. it's all about absorption.

olaf's pizza palace gets the most rewards of any small business credit card! pizza!!!!! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! put it on my spark card! [ high-pitched ] nice doin' business with you! [ garth ] why settle for less? great businesses deserve the most rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? as her family pulled out of the driveway, this isn't just a teddy bear. it's a step towards normal. it's why allstate catastrophe teams didn't just arrive at these fires with cold water and checks to help the grown-ups start the rebuilding... they also brought thousands of these teddy bears for kids.

people come first. everything else is second. [ female announcer ] allstate customers affected by the recent wildfires call 1-800-547-8676. visit a mobile claims office, your agent or allstate.com

it's been a big morning talking about the june jobs numbers coming out today, showing 80,000 jobs added for the month of june. the markets reacting to that news. the dow jones down by triple digits, 172 points.

basically red arrows across the board. a lot more to talk about this morning since president obama and mitt romney both came out this morning to give their reactions. mitt romney breaking from his vacation in new hampshire to take the microphones and also take reporters' questions. president obama addressing a crowd in poland, ohio. that will do it for me today. follow me on twitter. "now with alex wagner" coming your way next. i have evidence that proves my dad's a space alien.

he speaks a weird language... [ gargling ] drinks green stuff. he says he's from albuquerque. i'm not buying it. i mean, just look at him. and one more thing -- he has a spaceship. [ whirring ] the evidence doesn't lie. my dad's an alien. [ male announcer ] the highly advanced audi a6. named to car and driver's 10 best. experience the summer of audi event and get exceptional values on the audi you've always wanted.

ttd#: 1-800-345-2550 let's talk about market volatility. ttd#: 1-800-345-2550 in times like these, it can be tough to know which ttd#: 1-800-345-2550 way the wind is blowing. ttd#: 1-800-345-2550 at charles schwab, we're ready with objective insights about ttd#: 1-800-345-2550 the present market and economic conditions. ttd#: 1-800-345-2550 and can help turn those insights into ttd#: 1-800-345-2550 a plan of action that's right for you. ttd#: 1-800-345-2550 so don't let the current situation take you off course. ttd#: 1-800-345-2550 talk to chuck. ttd#: 1-800-345-2550 hello. i'm ari melber in for alex wagner. president barack obama says mitt romney is afraid of rush limbaugh. the jobs report says that unemployment is stuck at 8.2%. mitt romney says the president is out of ideas. it's friday, july 6th. this is "now." joinme