Mr. Ellison, thank you so very, very much for pointing out what was the history of the great 2008 collapse. You saw those enormous job losses that were occurring during the Bush period and then the slow but steady improvement in the number of jobs that were lost so that now we are in a situation where we are actually seeing jobs added. We don't see the unemployment rate coming down as we would like to, but we are on the correct road, and we are making great progress on that.
John Garamendi: “Mr. Ellison, thank you so very, very much for pointing out what was the history of the great 2008 collapse. You saw…”
On the recordMay 5, 2010
Editor's note · Context
The speaker discusses job losses and improvements in employment since the 2008 economic collapse.
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