Thread: Economics Unemployment Falls to 7.7%
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Old 12-07-2012, 12:00 PM   #19
Chief Henry Chief Henry is offline
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To think, on January 3rd 2007 the unemployment rate was DOWN to 4.60% after the Bush TAX CUTS had stimulated the economy after the 9-11 caused recession...... AND we just completed a RECORD of 52 consecutive months of PRIVATE employers job growth thanks to the stimulous of the Bush tax Cuts....then what what happened ?
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On January 3rd, 2007 the unemployment rate was 4.60% with a RECORD 52 months of JOBS growth and the GDP was 3.50%. January 3rd, 2007 is also the day Harry Reid and Nancy Pelosi took over the House and the US Senate.
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