The Obama administration has received a lot of criticism for the promise to save or create X amount of jobs. Since putting the stimulus in place, the Obama administration has put forth several claims of the number of saved jobs thanks to the stimulus. Most economists take issue with the term “saved jobs”...
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We reported earlier in the year that the stimulus bill isn’t helping the employment picture. When the Obama administration was pushing for the bill, they said that doing nothing would push unemployment over 8%. On Friday, the labor department reported that unemployment rose to a 26 year high of 9.7 percent. Hotair.com has a...
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In his weekly radio address, President Obama touted the vast success of the stimulus package and that it is working exactly as intended. This seems somewhat contrary to the pitch we received earlier this year. Earlier this year, the President said that we had to pass the stimulus NOW or else the economy would...
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Earlier this year we heard on and on that we had to pass massive stimulus bill to avert the certain disaster that was inherited by the current administration. If we did not act “boldly”, we were headed off the cliff. We were even told that if we didn’t pass the stimulus “now”, unemployment could...
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