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FBC The Willis Report October 18, 2012

388,000, and, yet, the president, of course, using the numbers and the monthly jobs numbers to say, hey, the economy s recovering. i want you to hear what the president said about the numbers and his evaluation of the economy. today, i believe that as a nation we are moving forward again. [cheers and applause] we re moving forward. now, after losing about 800,000 jobs a month when i took office, our businesses have now added 5.2 million new jobs over the past two and a half years. [cheers and applause] gerri: but, john, are we moving forward if gdp is 1.3% and unemployment at 7.8%? we re not moving forward in any significant way. one thing that the president fails to mention is during that period of time, you had 10 million new workers coming into the work force, and so unfortunately, the fraction of the work force that s employed, working age population, it s gone down, and since the recovery began, and so unfortunately, people try to talk the economy, make it look bette

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