Once upon a time, the media thought the 5.4% unemployment was akin to leading us into the next Great Depression....oh, but that was when Bush was president.
“The Labor Department reported today that the unemployment rate remained at 5.4 percent in September. What’s troubling is the number of jobs the economy did and did not create.... It’s the first net job loss on a President’s watch since Herbert Hoover during the Great Depression of the 1930s.”
-- Dan Rather, CBS Evening News, October 8, 2004.
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