that no american president
since fdr has won a second term
in president when the
unemployment rate on election
day topped 7.2%.
guest: that's right.
they think it will not be 9%,
somewhat lower to there,
probably around 8%.
host: most of their budgets have
9%.
9%.
guest: there is a thinking
and
they will not say it now because
they are not interested in the
prediction business because
their predictions were sell off
when they pass the neck -- so
off when they pass the stimulus
bill.
but that would still be higher
than the rate was when fdr one.
is there going to be enough to
tell voters, things would be
really bad if we did not take
these steps?