Posted on 11/06/2009 2:07:56 PM PST by scottystarnes
How’s that stimulus working for you, America? Obama made the claim that if the “stimulus” bill was passed, unemployment wouldn’t go above 8 percent. Right behind that claim was the claim that the stimulus was about Jobs, jobs, jobs, jobs. and the stimulus would create 3.5 million new jobs by the end of 2010. So, how is that stimulus working for you?
Unemployment is now at 10.2 percent. You are probably wondering, how can unemployment numbers continue going higher when Obama and Biden continue to “save and create” jobs? Unemployment was at 7.6 percent before the stimulus. The Obama administration claims we were losing “750,000″ jobs per month. If we were losing “750,000″ jobs at 7.6 percent unemployment, how many real jobs are being lost at 10.2 percent?
As you can see, the Obama administration is really terrible with numbers. Their numbers never add up. Mythical math?
Why isn’t the Obama stimulus bill working? Because it was never designed to work. Obama and the Democrats are intentionally holding out spending the money set aside for the stimulus bill so they can pump it all out around the time for the 2010 mid-term elections. Don’t take my word for it?
Larry Summers, director of Obama’s National Economic Council admitted to this scheme:
“Both administration and independent forecasts predicted that only a very small part of the total job creation expected from the Recovery Act would take place within six months,” he continued. “Indeed, a Council of Economic Advisers’ study predicted that only 10 percent of the total job impact of the Recovery Act would take place during calendar year 2009. Given lags in spending and hiring, the peak impact of the stimulus on jobs was expected not to be achieved until the end of 2010.” Until the end of 2010? Why would the Obama administration withhold a majority of the $787 billion stimulus plan until the end of 2010? It’s simple stupid.
Americans will be waiting in the unemployment lines in 2009 and most of 2010. Then the stimulus money will be pumped into the system, thus making unemployment numbers drop. Then Obama and the Democrats will claim that they have lowered the unemployment rate and run on that theme.
The stimulus is nothing more that a political scheme. Obama and the Democrats promised lower unemployment numbers and more jobs. Both promises have failed, so the stimulus is a failure. No matter how Obama and the Democrats try to spin it, their stimulus plan hasn’t stimulated America.
Good news. Obama just signed a bill that extended unemployment benefits. Keep ’em on the government dime long enough and they will become dependant upon the government. That’s the Cloward-Piven plan. Overwhelmn the system until it collapses. This is an area Obama has succeeded in
Yes, but it would have been 30%, so Obama saved 50 million jobs.
And because he’s really President of the World, and everyone KNOWS that a dollar spent here is equal to $20 elsewhere, and a job here creates over 50 jobs overseas, that means our glorious, exalted Obamassiah has saved over 4 BILLION jobs worldwide! Why, without him NO ONE in the entire WORLD would have a job!
So show your gratitude, you whining, hateful, aggressive “conservative” or the goons will be around to fix your attitude!
Are you serious? Where did you get those stats? Wikipedia?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.