Sunday, December 12, 2010

The next highest unemployment rate in recent history was inherited by Former President William Jefferson Clinton.

He had very little to work with, the manufacturing sector of the USA was mostly destroyed by Wall Street and its abandonment of the American work force.  So, he focused on the strongest part of the economy, 'A Service Economy.'

It worked.  (click title to entry - thank you)

He moved the unemployment rate from February 1992 at 8.2 percent to a rate of 3.2 % in December of 2000.

The current rate as of November 2010 is 9.3 percent.  An AVERAGE for the USA is about 4 to 5 percent.  Of course everyone wants to see it better than that, but, at this point in time achieving 'the average' would be nice.  That means we have to move it by approximately 4.8%.  It sounds like a lot, but, Clinton did it.  We can, too.

Personage.  Service Economy.  The appreciation of WORK. 

The empowerment of our youth and the Middle Class.  I don't know of a more noble pursuit, do you?

The return of gentry.  I don't want to hear complaints about tips either.  Inching an economy back to prosperity is a thankless job and no one knows that better than our President.