“This holiday season is bringing more of the same bad news that millions of jobless workers heard last year… American workers are weathering the effects of an economy where there is only one job for every three individuals searching for a job.”
No, the above isn’t addressing our current economic quagmire, it is two sentences contained in the first paragraph of a letter sent to former President George W. Bush by Nancy Pelosi, House Democratic Leader and Tom Daschle, Senate Democratic Leader in November 2003 complaining about what they felt was high unemployment then and urging more unemployment funding to combat it.
After suffering the worst terrorist attack in history, an attack right in the heart of our financial district and lingering effects of a recession that began shortly after taking office, unemployment had peaked at 6.3% in June 2003 and was dropping; reaching 5.8% in the very month the letter was written.
Democrats were complaining how unacceptable such unemployment numbers were as we heading into the 2004 election season.
Contrast that now as we see celebratory headlines like: Unemployment rate falls to 8.6 percent, lowest in 2½ years, with good signs for small business
Through the first two years of the Obama administration, Democrats had full and complete control of the government to implement the very policies they called for back in 2003. Unemployment, after dipping to 4.4% during the Bush administration, was setting at 7.8% when Obama took office, after two years of Democrats seizing control of both houses of congress in the 2006 election.
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