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"Recovery Summer" Democrats’ Claims vs. America’s Realities
pop.gov ^ | 9/1/10 | House Republicans

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 Obama’s chief economist, and Jared Bernstein, Vice President Biden’s chief economist and economic policy advisor, predicted that the $814 billion stimulus bill would keep unemployment below 8 percent.

* America’s 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...”

* AMERICA’S REALITY: Since the president’s “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 ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: claims; democrats; recovery; summer

1 posted on 09/01/2010 9:13:27 AM PDT by Nachum
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To: Nachum

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!!”


2 posted on 09/01/2010 9:21:34 AM PDT by Logic n' Reason ("Don't piss down my back and tell me it's rainin'")
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To: Nachum

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!


3 posted on 09/01/2010 9:37:08 AM PDT by sniper63 (I am the leader of the TEA Party, I, myself am the leader of me, myself for I am the TEA Party!)
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To: Nachum

Hurricane Obama has devastated the American landscape. Cleanup and recovery begins in November.


4 posted on 09/01/2010 9:45:07 AM PDT by screaminsunshine (m)
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