Detailed text transcripts for TV channel - FOXNEWS - 20121006:21:23:00
>> in the past year we have gained 3 million jobs and since the depth o-the recession, gained 5 million. >> gregg: but you are not where you wanted to be, normally in a recovery, you should be up about 4.5 -- >> remember, though, like ronald reagan, in his re-election effort, the unemployment rate had gone -- gone down by 1.4%. >> gregg: from 10.8% down to 7% and after his re-election down to 5. >> the last year prior went down 1.4 point and now, it has gone down 1.2 points and momentum is important and where you are, is not where we want to be but people can sense the momentum and see where i...