John Bolton

John Bolton

Suck on this Trump Haters!

Thursday, October 22, 2009

Obama's Stimulus Promises Result in Loss of 2.7 Million Jobs

Remember it was a bill that was too important not to pass immediately without reading!

The following is from Congressman Dave Camp (R-MI), the Ranking Member on the House Ways and Means Committee:

7 Months After Stimulus 49 of 50 States Have Lost Jobs
America Now Over 6 Million Jobs Shy of Administration's Projections
Wednesday, October 21, 2009

The table below compares the White House's February 2009 projection of the number of jobs that would be created by the 2009 stimulus law (through the end of 2010) with the actual change in state payroll employment through September 2009 (the latest figures available). According to the data, 49 States and the District of Columbia have lost jobs since stimulus was enacted. Only North Dakota has seen net job creation following the February 2009 stimulus. While President Obama claimed the result of his stimulus bill would be the creation of 3.5 million jobs, the Nation has already lost a total of 2.7 million – a difference of 6.2 million jobs. To see how stimulus has failed your state, see the table below.

With such a poor record of performance on jobs, what makes people think Democrats can deliver on their promises for health care?

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