That would replace the previous rate, which was three percentage points higher than Libor.
He cut the poverty rate, which was spiking before he took office, nearly in half.
That is almost twice as high as Spain's overall unemployment rate, which was 22.2% in 1996.
The tax would be at the 1999 rate, which was 0.45 percent for most commuters.
Both are still higher than the national unemployment rate, which was 7.7 percent in November.
The crux of the argument involves Greenberg's walk rate, which was 15.9 percent for that season.
That was still significantly higher than the national unemployment rate, which was 9.7 percent in February.
This number doesn't sound high, but it is significantly greater than the mortgage default rate, which was 1.4% in May.
As this was happening, the job loss rate, which was staggering last winter, fell by more than three-quarters.
Such growth is considered too weak to significantly reduce the unemployment rate, which was 7.7 percent in November.
Mr. Burman said that he, too, was shocked when he calculated his tax rate, which was high.
