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Title: Nine Months After Stimulus 49 of 50 States Have Lost Jobs
Source: logo Committee On Ways & Means Republicans
URL Source: http://republicans.waysandmeans.hou ... tSingle.aspx?DocumentID=164206
Published: Dec 18, 2009
Author: Ranking Member, Dave Camp
Post Date: 2009-12-18 18:08:56 by Happy Quanzaa
Ping List: *Politics and Politicians*     Subscribe to *Politics and Politicians*
Keywords: Obama recession, Obama depression
Views: 979
Comments: 3

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 November 2009 (the latest figures available). According to the data, 49 States have lost jobs since the stimulus was enacted as unemployment has skyrocketed to 10 percent. Only North Dakota and the District of Columbia have seen net job creation following the February 2009 stimulus (though both fall short of seeing the promised level of job creation). While President Obama claimed the result of his stimulus bill would be the creation of 3.5 million jobs, the Nation has already lost over 2.6 million – a difference of 6.1 million jobs. To see how stimulus has failed your state, see the table below.

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Begin Trace Mode for Comment # 1.

#1. To: Happy Quanzaa (#0)

The one state that says they haven't is probably lying.

They are all going to keep losing jobs,too. That's what happens when all of your manufacturing capability is shipped to other countries and the industries and the companies that supply these industries die.

Can't EVERYBODY work as a Wal-Mart greeter or a social worker handing out welfare.

sneakypete  posted on  2009-12-18   18:51:16 ET  Reply   Untrace   Trace   Private Reply  


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