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Wednesday, June 17, 2009


BARACK OBAMA

Visual Evidence the Obama Team Completely Misjudged the Stimulus Impact

This chart, contrasting the Obama administration's January projections of what the unemployment rate would be with and without the stimulus package against the actual numbers of recent months, is popping up everywhere, from Newsweek to FactCheck.org to Ace of Spades. It deserves widespread attention.

Chart showing unemployment projects below actual unemployment.

To get the stimulus passed, the Obama administration promised the moon, and had no idea whether it would work. One hundred and twenty-one days since the stimulus passed, there is still no sign that it is doing what it was designed to do — mitigate the recession and put Americans back to work.


 





 

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