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When ronald reagan lowered the tax burden and lowered the regulation early in the 80s we were creating 300,000 or 400,000 or 500,000 jobs a month. one month we created a million jobs. that s remarkable. we are sputtering along at 1.8% economic growth, unemployment is 7.45%. probably 13% if you consider people who quit looking for jobs. this is terrible. we have to do better. we have to grow our way out of this problem. i m going to take that as a no. i thank you so much for coming on the show. i appreciate it. say hi to the beautiful tarheel state for me. thank you. great to be with you. our money lead. just how much did this partial government shutdown end up costing us? keep in mind this is washington, where even doing nothing is a pricey proposition. the estimates vary widely. according to macro economic advisors, our economy took a $12 billion hit. the estimate from standard and poor is twice as high, $24 billion. the atlantic suggests we split the difference at $18 billion ....
Aren t angry, but they have taken notice. it is like going to disneyland when you come to costco. reporter: as our friends from the north were quick to point out, exchange rates can shift. many of the americans who are complaining now may be bargain hunting across the border later. neal karlinsky, abc news, bellingham, washington. how interesting is that? we have something similar here, new york to new jersey. you are right. gasoline is way cheaper. and no sales tax in new jersey as well. come on, the lines canadian mounty. i look lame as a mounty. i saw you roaming the parking lots to move people back north. can i see your license and i.d., please? pull over. yes. i m going to need $20 from you. can you imagine milk, $7.45 a gallon in canada? i can t. that s the news for this half-hour. thank you for joining us everybody. s the news for this half-hour. thank you for joining us everybody. hat s the news for this half-hour. thank you for joining us everybod ....
Parking in their own country, read one rant. some of the americans that we were able to find told us they aren t angry, but they have taken notice. it is like going to disneyland when you come to costco. reporter: as our friends from the north were quick to point out, exchange rates can shift. many of the americans who are complaining now may be bargain hunting across the border later. neal karlinsky, abc news, bellingham, washington. how interesting is that? we have something similar here, new york to new jersey. you are right. gasoline is way cheaper. and no sales tax in new jersey as well. come on, the lines canadian mounty. i look lame as a mounty. i saw you roaming the parking lots to move people back north. can i see your license and i.d., please? pull over. yes. i m going to need $20 from you. can you imagine milk, $7.45 a gallon in canada? i can t. that s the news for this half-hour. thank you for joining us everybody. hat s the news for this half ....
And this actually confirmed what a lot of analysts worried about. they were very skeptical about cisco trying to target the consumer market with products like the flip cam and umi home video conferencing. and they wanted cisco instead to focus on the core business networks. and then on april 6th, right there where the dot is, cisco stock rose 4%. and this happened after an internal memo was leaked where ceo john chambers said that the company s strategy was sound but its operational execution was not. and it was time for the company to refocus. but we do have to remember that cisco is still a profitable company. and consumer products is just 2% of the company s business. and cisco stock has ticked up slightly in after hours trading at about $17.45 a share. nina? whatever you say, paulina. i m holding on to my little flip cam. that is the latest on cisco and ....
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