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Politics : Formerly About Advanced Micro Devices

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To: J_F_Shepard who wrote (631888)	10/16/2011 8:33:13 PM
From: Brumar89	Read Replies (1) of 1576054

.. Mr. Zuckerman reports that among Democrats, "The sense is that the policies of this government have failed. . . . What they say about [Mr. Obama] when he's not in the room, so to speak, is astonishing." .... he explains how the real unemployment rate is actually well above the official level of 9.1%, which only measures people who have applied for a job within the previous four weeks. In fact, he says, unemployment has even surged beyond the Department of Labor's "U-6" number of 16.5% that has received increasing attention lately because it includes people who have given up looking for work within the past year, plus people who have been cut back from full-time employees to part-timers. Mr. Zuckerman says that when you also consider the labor-force participation rate and the so-called "birth-death series" that measures business starts and failures, the real U.S. unemployment rate is now 20%. This should be called the Obama depression. The country really needs deliverance from this horrible idealogical administration. ..... Unprompted, he spends much of our discussion reminiscing about the Reagan presidency. Mr. Zuckerman has for years owned U.S. News and World Report, and in 1986 its Moscow correspondent Nicholas Daniloff was seized without warning by the KGB. Mr. Zuckerman immediately flew to Russia but returned home when Soviet officials refused to release their new prisoner. "I worked in the White House for the next four weeks virtually every day and through that I met Reagan," says Mr. Zuckerman. Reagan secured Mr. Daniloff's release in a swap that included a Soviet spy held in the U.S. "Reagan surprised me," says Mr. Zuckerman. "He got the point of every argument. . . . He was very decisive. And everybody loved working for him. They followed his lead because they really respected his decisiveness and his instincts." 'I was not a Republican and I was not an admirer of his before I knew him," continues Mr. Zuckerman. ..... http://online.wsj.com/article/SB10001424052970204002304576628673446417268.html

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