Saved Or Created? 49 States Have Lost Jobs Since Stimulus Plan Was Enacted
And guess what state is bucking the trend? You only get one guess.
At the link you’ll see a chart comparing Obama’s projection of the jobs effect of the Stimulus versus the reality.
Obama and the Democrats promised three and an half million jobs saved or created. What he’s delivered is a loss of two point seven million. But hey, he only missed it by 180%.
What’s worse is that the Obama jihad against the private sector economy is still going. Who’s going to invest in a new enterprise when they don’t know what future tax hikes will cost them. Why risk your money when the government’s going to confiscate your profits?
Employers don’t want to expand because they don’t know what Obama’s health care takeover will do to them. They don’t want to hire new people because the Democrats are still pushing the anti-democratic card check forced unionization onto employers.
Things were pretty good in 2007 when Obama came to town as part of the Democrat takeover of Congress. Since then things have all been going the wrong way
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From the first comment:
WASHINGTON — A top White House economist says spending from the $787 billion economic stimulus has already had its biggest impact on economic growth and will likely not contribute to significant expansion next year.
Now can we call it the Stimulus Bill a failure. I’d call call the Obama administration a failure as well, but some might think that a bit premature.
Tags: Economy, North Dakota News
