The Obama Administration
Promises Unemployment will NOT go above 8%
if Stimulus Package is Passed. You are entitled to you own opinion, but you are NOT entitled to your own facts! And, the fact is that, this is the weakest economic recovery since The Great Depression The day Obama signed the Stimulus Package 2.28.2009 he said, "I have every confidence that if we are willing to continue doing the critical work that must be done – by each of us, by all of us – then we will leave this struggling economy behind us, and come out on the other side, more prosperous as a people." Unfortunately, the President's Economic Team believed that if the Stimulus Package was passed that the unemployment rate would not climb above 8% The Administration also said that if the stimulus package was NOT passed that the unemployment rate would grow to be 8.8%. Fact: The unemployment rate has not been below 8% for 43 months This was the estimate the Obama Administration gave if the stimulus package was passed. This would suggest that they significantly underestimated the economic policies that were needed to re start our economy. | ackage Was NOT Stimulating | ||||||||||||||||||||||||||||||||
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http://otrans.3cdn.net/ee40602f9a7d8172b8_ozm6bt5oi.pdf | |||||||||||||||||||||||||||||||||
***The following comments come strait from the Obama Administrations own website | |||||||||||||||||||||||||||||||||
Wednesday, September 19, 2012
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