Political Quotes

On the recordMarch 5, 2010
I want to spend a minute talking about some remarks I made this morning, especially in light of how they are being irresponsibly mischaracterized by those seeking to score political points. Today, we learned that 36,000 Americans lost their jobs in February. Those families don't need today's Department of Labor report or anyone else in Washington to tell them what that means for putting food on the table or making car payments or utility payments or affording their health care. It is devastating news. If we are going to discuss the state of our economy and the direction in which it is going, if we are going to talk about it like adults, let us take a step back and put the number into context. Economists, as reported by the Wall Street Journal, Bloomberg News Wire, and other publications believed that 75,000 to 80,000 Americans were going to lose their jobs last month. That is more than double what the actual number turned out to be. That number, of course, is still too high. But I was glad this morning when I heard the unemployment number proved the pundits wrong by some 50 percent. Those economists thought the employment rate was going to go up. Well, it didn't. But the unemployment rate is still too high, and anyone from Nevada can tell anyone who wants to listen about that fact.
Said by
Harry Reid
Democratic · Nevada
Source
govinfo.gov
Mar 5, 2010

Editor's note · Context

The speaker addresses job losses and economic conditions in the U.S.

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