On the recordMay 1, 1991
New jobs is the answer, isn't it, then, to those that don't have a job. And the way you get new jobs is you go for a growth agenda like I tried to answer here today. And we will come out of this recession, which isn't, fortunately, as deep as some in the past, and when we do come out of it you're going to see growth. And growth is going to create new jobs. And that two million or whatever the figure is will decline. I'm absolutely convinced of it. That's what's happened in every other recession. And so the unemployment figures--anytime it's--my view is--they always ask me, what's acceptable unemployment? For the guy who doesn't have a job, nothing. No percentage is acceptable. I will say, historically, the unemployment figures have been a lot worse in this country. And when the recessions that they were part of ended, people went back to work in large numbers. So, I think the best answer for hope for the people that are unemployed lies in economic growth, new opportunities.
Source
govinfo.gov




