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His re-election bid. what do you say, david? i like good news. i was there in the 80s. the economy took off like a rocket. this economy is taking off like a big, heavy blimp. in 1983 unemployment dropped by two points and then dropped by another 1.3, 1.5 in 1984. last year, 2011, we saw nothing like the kind of growth americans saw as john says in 1983 and we hope for more growth in 1984. it does not feel like morning in america. it may feel like morning after in america. we re clearing the cotton out. the pool is smelling up the room like an old frat house. it s pretty bad. jamal, the president obviously can t come out and celebrate this because of that pie, the fact that there were 8 million jobs lost, but is that how they re feeling? yeah, i think they re feeling upbeat. you can t help but wake up and ....
Dynamic. what was behind the drop in unemployment when ronald reagan was in office was also massive greet in gdp, 8% in the third quarter of 1983. so president obama will have to hope for a lot more of this. but the momentum, he s got it on his side, that s good news for the country and good news for his re-election bid. what do you say, david? i like good news. i was there in the 80s. the economy took off like a rocket. this economy is taking off like a big, heavy blimp. in 1983 unemployment dropped by two points and then dropped by another 1.3, 1 spo.5 in 1984. last year, 2011, we saw nothing like the kind of growth americans saw as john says in 1983 and we hope for more growth in 1984. it does not feel like morning in america. it may feel like morning after in america. we re clearing the cotton out. the pool is smelling up the room like an old frat house. ....
So president obama will have to hope for a lot more of this. but the momentum, he s got it on his side, that s good news for the country and good news for his re-election bid. what do you say, david? i like good news. i was there in the 80s. the economy took off like a rocket. this economy is taking off like a big, heavy blimp. in 1983, unemployment dropped by two points and then dropped by another 1.3, 1.5 in 1984. last year, 2011, we saw nothing like the kind of growth americans saw as john says in 1983 and we hope for more growth in 1984. it does not feel like morning in america. it may feel like morning after in america. we re clearing the cotton out. the pool is smelling up the room like an old frat house. it s pretty bad. jamal, the president obviously can t come out and celebrate this because of that ....
her mother outfront tonight with a plea. and the bottom line on employment. 200,000 jobs added in america in the past month. president obama, meet ronald reagan? let s go, outfront. i m erin burnett. outfront tonight, is it morning in america for barack obama? the u.s. added 200,000 jobs last month. that absolutely trounces expectations and it brought the unemployment rate down to 8.5%. now, that is the fourth month in a row that we have seen a drop in the unemployment rate. we are now at the lowest level in almost three years. prior to the crisis. but where did we see the growth? health care and manufacturing are the two areas that stand out. manufacturing, in fact, may surprise you, but really been the area bouncing back all year. i want to put all this in perspective because it s really important for the election. i m going to call this a pie. it represents the 8.7 million jobs lost since the recession began in 2008. that is a whole lot of jobs. all right. ....
in america for barack obama? the u.s. added 200,000 jobs last month. that absolutely trounce expectations and it brought the unemployment rate down to 8.5%. now, that is the fourth month in a row that we have seen a drop in the unemployment rate. we are now at the lowest level in almost three years. prior to the crisis. but where did we see the growth? health care and manufacturing are the two areas that stand out. manufacturing in fact may surprise you, but really been the area bouncing back all year. i want to put all this in perspective because it s really important for the election. i m going to call this a pie. it represents the 8.7 million jobs lost since the recession began in 2008. that is a whole lot of jobs. all right. since then, though, 2.5 million jobs have been added. now, that s about 30% of the pie. so you can see it as positive because it s improvement and it is, but you could also say more than two-thirds of that pie is still red and that s a problem. ....