CNN PrimeNews - 1992-09-04
Channel: malgent
Uploaded:
Duration: PT3486S
Read a transcript preview of “CNN PrimeNews - 1992-09-04” from malgent, uploaded on 2025-09-03.
Transcript preview
Language: English (YouTube automatic captions)
[0:00] [Music]
[0:03] It looks like good news, but on closer
[0:05] inspection, the new unemployment report
[0:07] is not. Still, the Bush administration
[0:09] tries to find the silver lining.
[0:14] >> In Florida, authorities comb hurricane
[0:15] ravaged neighborhoods searching for
[0:17] people still unaccounted for 12 days
[0:20] after Andrew.
[0:26] This is CNN's Prime News with Patrick
[0:29] Greenaw and Natalie Allen sitting in for
[0:32] Bernard Shaw and Susan Rook.
[0:40] Good evening everyone and welcome. One
[0:42] economist calls it bleak and dismal, but
[0:44] the Bush administration calls it
[0:46] encouraging. It is the latest
[0:48] unemployment report which on the surface
[0:50] shows improvement, but the numbers
[0:51] reveal a net job loss and the prospects
[0:53] for the next report are just as gloomy.
[0:55] CNN's Mary Tillitson reports.
[1:02] >> On an appropriately named street lined
[1:05] with appropriately small businesses,
[1:07] President Bush made his pitch for small
[1:09] businessmen's votes.
[1:11] >> I've actually held a job in the private
[1:13] sector. Something my opponent has not
[1:15] done.
[1:16] >> Four more years.
[1:18] >> Taxes.
[1:18] >> Continuing his pattern of sprinkling
[1:20] large s along the campaign trail, Mr.
[1:22] Bush signed a bill into law here to
[1:24] increase small business administration
[1:26] loans. Most of the president's
[1:28] Fredericksburg audience was friendly,
[1:30] but even here there were signs of the
[1:32] economic discontent that has plagued the
[1:35] Bush campaign. The August unemployment
[1:38] rate did fall onetenth of 1% for the
[1:41] second month in a row to 7.6%.
[1:44] The president's spokesman, Marlon
[1:46] Fitzwwater, called that an encouraging
[1:48] sign that the economy is improving, b