Brandon

Saturday, April 17, 2010

Does This look like an Economic Recovery to You?

PhotobucketA failed $trillion stimulus and few, if any new jobs is Obama's economic legacy!

Did you see these headlines last week?

UPI: Calif. unemployment hits record high

AP: Florida unemployment hits record high

California's unemployment hit 12.6% and Florida's is 12.3%.

And where was Obama when this dire news was about to hit? He was in Florida telling spaceworkers he was canceling much of the manned space program which means a loss of thousands more of the most highly skilled jobs in both Florida and California's aerospace industries, not to mention Texas.

The past nine months Obama has talked about little else other than health care. Meanwhile, millions of Americans remain out of work. If a Republican President were in the White House we'd read daily stories about the toll of human suffering wrought by the President's economic policy. But with Obama in the White House the "news" media hardly notices unemployment or discusses the lack of any effective jobs policy coming from Democrats.

From House Ways and Means Republicans:

48 of 50 States Have Lost Jobs Since Democrats’ Stimulus
Friday, April 16, 2010

While the President recently said the economy had “turned a corner,” it’s hard to tell that from looking at the job situation across the U.S. According to the latest data from the U.S. Department of Labor, and the chart below, through March 2010 a total of 48 out of 50 States had seen net job losses since the President signed the Democrats’ stimulus plan into law in February 2009. The data show that only Alaska, North Dakota and the District of Columbia have seen net job creation since then. And (other than the perhaps predictable exception of D.C.) those states that have seen some increases in jobs are still well short of the growth the White House originally forecast. Additionally, over 3 million jobs have been eliminated since the Democrats’ stimulus, unemployment remains stuck at 9.7 percent instead of 7.4 percent and falling as Democrats predicted, and a record 16 million Americans are out of work.

To see how the Democrats’ stimulus has failed your state, see the table below.

 

State

Administration Claims of Change in Jobs Through December 2010

Actual Change in Jobs Through March 2010

Alabama

+52,000

-61,200

Alaska

+8,000

+3,800

Arizona

+70,000

-100,300

Arkansas

+31,000

-17,800

California

+396,000

-558,900

Colorado

+59,000

-86,700

Connecticut

+41,000

-41,100

Delaware

+11,000

-11,500

District of Columbia

+12,000

+10,000

Florida

+206,000

-203,700

Georgia

+106,000

-139,400

Hawaii

+15,000

-12,000

Idaho

+17,000

-18,200

Illinois

+148,000

-187,900

Indiana

+75,000

-59,700

Iowa

+37,000

-25,200

Kansas

+33,000

-47,600

Kentucky

+48,000

-29,500

Louisiana

+50,000

-39,300

Maine

+15,000

-11,200

Maryland

+66,000

-31,400

Massachusetts

+79,000

-69,800

Michigan

+109,000

-121,200

Minnesota

+66,000

-62,300

Mississippi

+30,000

-26,000

Missouri

+69,000

-65,600

Montana

+11,000

-6,200

Nebraska

+23,000

-17,000

Nevada

+34,000

-68,800

New Hampshire

+16,000

-3,700

New Jersey

+100,000

-85,300

New Mexico

+22,000

-22,400

New York

+215,000

-143,300

North Carolina

+105,000

-91,800

North Dakota

+8,000

+900

Ohio

+133,000

-178,900

Oklahoma

+40,000

-50,700

Oregon

+44,000

-53,200

Pennsylvania

+143,000

-117,700

Rhode Island

+12,000

-14,100

South Carolina

+50,000

-25,600

South Dakota

+10,000

-6,600

Tennessee

+70,000

-73,100

Texas

+269,000

-211,000

Utah

+32,000

-30,500

Vermont

+8,000

-5,300

Virginia

+93,000

-75,000

Washington

+75,000

-84,000

West Virginia

+20,000

-16,600

Wisconsin

+70,000

-94,100

Wyoming

+8,000

-11,800

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