Sunday, July 13, 2008

Stephanopoulos: Economy Last 4 Years 'More Down Than Up' | NewsBusters.org

"Let's start first with Gross Domestic Product. In Q3 2004, it was up 3.6%. Since then, the quarterly percentage growth rates have been: 2.5, 3.1, 2.8, 4.5, 1.2, 4.8, 2.4, 1.1, 2.1, 0.6, 3.6, 4.9, 0.6, 1.0.
See any declines, George? More down than up? I only see up!

How about jobs? The unemployment rate when Arnold made that statement was 5.5%. Today, it's 5.5%. At the time, there were 139.6 million people employed in this country. Today, it's 145.9 million. And, employers added jobs to their payrolls in 41 of the last 47 months since the 2004 RNC."
Stephanopoulos: Economy Last 4 Years 'More Down Than Up' | NewsBusters.org
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