Skip to comments."Recovery Summer" Democrats’ Claims vs. America’s Realities
Posted on 09/01/2010 9:13:25 AM PDT by Nachum
Welcome to Recovery Treasury Secretary Tim F. Geithner, (Op-Ed, August 3, 2010)
CLAIM #1 A January 2009 report authored by Christina Romer, President Obamas chief economist, and Jared Bernstein, Vice President Bidens chief economist and economic policy advisor, predicted that the $814 billion stimulus bill would keep unemployment below 8 percent.
* Americas Reality: Since the stimulus was signed into law, the unemployment rate reached a 27 year high of 10.2 percent. Currently, the unemployment stands at 9.5 percent and has not dropped below 9.5 percent in 12 months.
CLAIM #2 On February 17, 2009, President Obama stated, [W]hat makes this recovery plan so important is not just that it will create or save 3.5 million jobs over the next two years...it's that we are putting Americans to work doing the work that America needs done...
* AMERICAS REALITY: Since the presidents stimulus was signed into law, 3.6 million jobs have been lost and the economy has experienced a net loss of nearly 2.6 million jobs. There are currently 15 million Americans unemployed and looking for work. Millions more have given up looking for a job and are no longer included in unemployment statistics.
(Excerpt) Read more at gop.gov ...
Mumbled the emergency room patient to the attending physician (tho the patient had two bullet wounds to the upper chest, a cranial fracture, a broken jaw, broken left arm, four broken ribs, two fractured vertebra, a crushed pelvis, a dislocated kneecap, a broken shin, a compound fracture of the right ankle, severe internal bleeding, and a bad case of hiccups), “well, at least I’m recovering!!”
Bring out your dead! Bring out your Dead! But I’m not dead yet! Hey buddy can you give me a hand here? “Clubs gramps”, and continues on, Bring out your dead!
Hurricane Obama has devastated the American landscape. Cleanup and recovery begins in November.