http://michaelscomments.wordpress.com/2009/10/02/september-unemployment-the-job-loss-accelerates/
Unemployment rose to 9.8% in September. Innocent Bystanders, see above link, has been tracking the unemployment rate against the Barry administration's projections. In order to persuade Congress to pass the "stimulus" bill, the administration predicted what unemployment would be with and without the alleged impact of the stimulus. The reality has turned out to be far worse; I think it is safe to say that the stimulus bill has been a failure contrary to the dumbest Vice President in histories claims.
If the Barry administration is this far off in their predictions on the stimulus bill than how can any sane, rational, human being actually believe the health care reform numbers being thrown about. What do you think will happen to the cost of insurance once insurance companies are forced to insure people with preexisting conditions? Barry is trying hard in his fantasy world to break this country economically. He must be stopped before it is too late.
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2 comments:
It's coming - money well spent. As Helicopter Ben will tell you, we needed MONEY - A LOT OF MONEY - poured into the system. It is helping us heal.
Soon enough we will have to worry about deficits - a topic on which you and your fellow Republicans have ZERO CREDIBILITY.
You hand a man a collapsing economy, losing over 700K jobs in the month he took office and you want to complain about 263K jobs? Good grief! He has done a wonderful job on the economy. My gosh, your GOP brought this on us and our sublime president is digging us out with aplomb.
Cut and paste the link: http://www.bls.gov/news.release/pdf/empsit.pdf.
Note Chart 1, which shows the unemployment trend simply continuing it's path, which it will do until we have economic growth for 6+/- months. Chart 2 shows the job losses, which peaked at Obama's inauguration and have steadily declined under his expert stewardship.
Why would we want to change course?
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