The Deployment Diary

Tuesday, March 02, 2004

Is a 5.6% unemployment rate high? It's amazing what the press will say when the "wrong" party is in office.


Here’s CNN in July 1996, as the Clinton-Dole election approached:

Economists didn't expect June's unemployment rate to be much different from May's, which was an already-low 5.6 percent. But in fact, it did fall -- to 5.3 percent. The unemployment rate hasn't been that low since June 1990.


Read it all - puts it in perspective ;).
IT'S ALL RELATIVE




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