"Unless things change radically, President Bush will be the first President since Herbert Hoover to have presided over a net loss of jobs during his administration"

This quote by Tim Johnson suggests that unless there is an extreme modification in the present financial scenario, President Bush will be the very first President because Herbert Hoover to have supervised a decrease in the variety of tasks throughout his term. This is a significant statement, as it indicates that the current financial policies of the Bush administration have actually been ineffective in producing tasks and promoting economic growth. It also implies that the financial policies of the previous administration, under Herbert Hoover, were likewise unsuccessful in producing tasks. This quote acts as a warning to the present administration that they should take extreme action to reverse the existing financial trend and produce tasks in order to avoid the very same fate as Herbert Hoover.