“The unemployment rate was down to between 2 and 3 percent in the mid-2000s,” Abercrombie said while speaking with reporters Thursday. “It can’t really get much lower… My goal is to cut the unemployment rate in half.”
Given the economic climate of the United States, the 2 percent number he cites seems downright incredible. Is he right that Hawaii’s unemployment was so low just a few short years ago during the reign of his predecessor, former Gov. Linda Lingle?