Detailed text transcripts for TV channel - MSNBC - 20100628:22:56:00
In. remember, chris, at the time barack obama was sworn into office, we were losing 740,000 jobs a month. and if we had stayed on that pace, we would have been in another great depression with 20% plus unemployment by the end of 2009. so a big part of the story i tell in "the promise" is how they averted this. it was a dramatic story that we didn't have a depression. when something doesn't happen, you don't get a lot of credit for it, and then the pressure's off when the crisis passes. i do think that we've gotten too used to 9.7, 10% unemployment. we're now kind of taking it for granted as so...
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