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I am reading a book, i'm trying to get started, every time i get half a page i get a phone call about some emergency. at this. we will see the home of andrew jackson today in tennessee. i'm reading a book about him. i love to read. i don't get to read very much because i am working very hard on lots of different things. including getting costs down. the costs of our country are out-of-control but we have a lot of great things happening. a lot of tremendous things. remember this, when i came into this job, i inherited a mess. it was a mess in the middle east. whether you like it or not, the eco...

Unemployment or lack of employment. the unemployment rate went down to 7.7% from 7.9% because the labor force is shrinking. if you look at the broader number where people don't show up in the work numbers, that is still huge. to me that is the best measure whether we are in a recession. what you don't want is a real recession where it shows up in the gdp. if that happens we could have another banking crisis. if we have another banking crisis you could have a great depression. no doubt about that. >> gee, that sounds like a good piece of news to get us ready for the new year, charlie. >> go hav...

Unemployment or lack of employment. the unemployment rate went down to 7.7% from 7.9% because the labor force is shrinking. if you look at the broader number where people don't show up in the work numbers, that is still huge. to me that is the best measure whether we are in a recession. what you don't want is a real recession where it shows up in the gdp. if that happens we could have another banking crisis. if we have another banking crisis you could have a great depression. no doubt about that. >> gee, that sounds like a good piece of news to get us ready for the new year, charlie. >> go hav...

Unemployment or lack of employment. the unemployment rate went down to 7.7% from 7.9% because the labor force is shrinking. if you look at the broader number where people don't show up in the work numbers, that is still huge. to me that is the best measure whether we are in a recession. what you don't want is a real recession where it shows up in the gdp. if that happens we could have another banking crisis. if we have another banking crisis you could have a great depression. no doubt about that. >> gee, that sounds like a good piece of news to get us ready for the new year, charlie. >> go hav...

Unemployment or lack of employment. the unemployment rate went down to 7.7% from 7.9% because the labor force is shrinking. if you look at the broader number where people don't show up in the work numbers, that is still huge. to me that is the best measure whether we are in a recession. what you don't want is a real recession where it shows up in the gdp. if that happens we could have another banking crisis. if we have another banking crisis you could have a great depression. no doubt about that. >> gee, that sounds like a good piece of news to get us ready for the new year, charlie. >> go hav...