Detailed text transcripts for TV channel - FOXNEWS - 20121004:11:18:00
It is smoke and mirrors. and governor romney hammered the president on this last night. look, the unemployment rate has indeed come down. why has it come down? because of the creation of a whole bunch of new jobs? no. because literally millions and millions of people have just quit. they've dropped out. they are not looking for work. they're out of the labor market. in august alone, 368,000 people dropped out in one month. they just walked away from the labor force. that just is in one month. since january of 2009 when president obama came into office, 8,419,000 people have just walked away fr...
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