Pelosi Says Unemployment Rate Would Have Hit 14.5% Without 2009 Stimulus

Weekly Standard ^ | 7:28 PM, OCT 6, 2011 | JOHN MCCORMACK

[Rodney Dangerfield]

She is incredibly stupid, yet the MSM gives her a free pass while demonizing genuinely smart females politicians like Sarah Palin.

And the racist attacks on Cain have already began, yet the MSM is silent as usual.

[alstewartfan]

It is also a well-kept secret by this modest administration that gasoline would have been $10 per gallon had Obama not shut down the gulf, and the 2010 deficit would have reached $4T had our gracious leader not enacted the first stimulus bill. And Michelle Obama would have fleeced, I mean spent even more millions on personal vacations had the White House not imposed austerity measures on itself. It’s morning in America once again! O Thank you, Emperor Obama!!

[edpc]

She's gone from "you have to pass the bill to find out what's in it" to "don't pass the bill to find out how bad it could have been."

Bizzaro World.

[WKUHilltopper]

Stupid old hag.

[AzNASCARfan]

Well I believe our current rate is at least double what they are telling us it is, there is so many people that were never counted as unemployed... on top of all the people who quit looking and/or are beyond their 99 weeks have all quit being counted!

Myself, my 25 drafting career went away almost 3 years ago now, I never got layed off or fired, just nothing to do... if you called my boss and asked if I was still employed, he would tell you if he had anything to draw, I would be drawing it... and my Nephew was a Residential home building superintendent, he did get layed off, but neither of us were ever part of any unemployed count. Both of us started cleaning up foreclosed homes... Mowing lawns, Trimming trees, Cleaning houses, hauling trash, whatever we could do to pay our bills. I am working 5x as hard for at least twice as many hours to provide the same lifestyle for my family.

If we had not been dumping all the stimulus money down a rat hole and propping up our economy, the natural progression of things would have us looking up about now, if government had not added Obamacare to the mix. Thanks to Obamacare though, Employers have no idea how much an employee will cost them in the long run, and most employers, dont want to hire somebody, only to have to lay them off in a few months because they dont have anything for them to do. Think about it... hire somebody, try to keep them employed for 6 months but your business is continually making less money every month, so you lay the new guy off and now your on the hook for 99 weeks of unemployment?? So Instead, because of Stimulus and Son of Stimulus and Obama’s Spending spree and paying off his buddies, the whole natural recovery got pushed off and now we are headed into double dip, instead of out of this...