On the recordFebruary 26, 2010
But I think certainly jobs is an absolutely critical objective of ours this year, as you know, as it was last year. The good news, as you know, is that CBO says that over a million jobs were created in the last quarter, or retained in the last quarter as a result of the Recovery and Reinvestment Act. As the gentleman also knows, in the last quarter, the last 3 months of the Bush administration, we lost on average per month 726,000 jobs. As the gentleman also knows, on average over the last 3 months we have lost 35,000 jobs. That is extraordinary. That is 5 percent of what we lost the last 3 months just a year ago. So that is progress. We are moving forward, but that is not success. Success will be, as you and I both know, when we are adding jobs, when we are creating jobs. Unfortunately, over the last 8 years we have had the lowest job production in this country than we have had since Herbert Hoover.
