i am reading a book, i m trying to get started, every time i get half a page i get a phone call about some emergency. at this. we will see the home of andrew jackson today in tennessee. i m reading a book about him. i love to read. i don t get to read very much because i am working very hard on lots of different things. including getting costs down. the costs of our country are out-of-control but we have a lot of great things happening. a lot of tremendous things. remember this, when i came into this job, i inherited a mess. it was a mess in the middle east. whether you like it or not, the economy was a very, very weak. you look at 96 million people, all of these people. i have good work numbers. a very good work numbers, employment numbers. unemployment numbers. they say 4.6%, 4.7%. they aren t really the numbers
unemployment or lack of employment. the unemployment rate went down to 7.7% from 7.9% because the labor force is shrinking. if you look at the broader number where people don t show up in the work numbers, that is still huge. to me that is the best measure whether we are in a recession. what you don t want is a real recession where it shows up in the gdp. if that happens we could have another banking crisis. if we have another banking crisis you could have a great depression. no doubt about that. gee, that sounds like a good piece of news to get us ready for the new year, charlie. go have a drink. if there is anything happening that disturbs you i mean your beat is wall street. you hang out and listen to people. they talk to you. when they don t talk to anybody else and they give you the information and gives you opportunity to break stories, the likes of which no one has has broken, is there a story
unemployment or lack of employment. the unemployment rate went down to 7.7% from 7.9% because the labor force is shrinking. if you look at the broader number where people don t show up in the work numbers, that is still huge. to me that is the best measure whether we are in a recession. what you don t want is a real recession where it shows up in the gdp. if that happens we could have another banking crisis. if we have another banking crisis you could have a great depression. no doubt about that. gee, that sounds like a good piece of news to get us ready for the new year, charlie. go have a drink. if there is anything happening that disturbs you i mean your beat is wall street. you hang out and listen to people. they talk to you. when they don t talk to anybody else and they give you the information and gives you opportunity to break stories, the likes of which no one has has broken, is there a story
unemployment or lack of employment. the unemployment rate went down to 7.7% from 7.9% because the labor force is shrinking. if you look at the broader number where people don t show up in the work numbers, that is still huge. to me that is the best measure whether we are in a recession. what you don t want is a real recession where it shows up in the gdp. if that happens we could have another banking crisis. if we have another banking crisis you could have a great depression. no doubt about that. gee, that sounds like a good piece of news to get us ready for the new year, charlie. go have a drink. if there is anything happening that disturbs you i mean your beat is wall street. you hang out and listen to people. they talk to you. when they don t talk to anybody else and they give you the information and gives you opportunity to break stories, the likes of which no one has has broken, is there a story you think we ought to be
unemployment or lack of employment. the unemployment rate went down to 7.7% from 7.9% because the labor force is shrinking. if you look at the broader number where people don t show up in the work numbers, that is still huge. to me that is the best measure whether we are in a recession. what you don t want is a real recession where it shows up in the gdp. if that happens we could have another banking crisis. if we have another banking crisis you could have a great depression. no doubt about that. gee, that sounds like a good piece of news to get us ready for the new year, charlie. go have a drink. if there is anything happening that disturbs you i mean your beat is wall street. you hang out and listen to people. they talk to you. when they don t talk to anybody else and they give you the information and gives you opportunity to break stories, the likes of which no one has has broken, is there a story you think we ought to be