Do you agree with President Obama that rising unemployment is good for our country?

Did President Obama really say that the rising unemployment rate was good for the country? That'd be a heckuva faux pas and politcal suicide because the government(s) pay unemployment benefits (lose money) when more workers are unemployed. The government would function better if more were working and paying taxes on their income. Of course, more unemployment would be something wanted by one trying to crash the nation's economy. Hmmmmm.