Saturday, June 13, 2009

Jobs -- Obama Style

From what we’ve seen recently, there is a huge difference between what the administration promised when they pushed the stimulus, what they predicted the stimulus would do, what they claim it has done, and what they have actually delivered. Here are just three of the promises, predictions and claims from the White House:

PROMISED: The administration PROMISED that the stimulus would SAVE OR CREATE 1.5 million jobs in 2009 alone.

DELIVERED: In reality, 2.2 million Americans have lost their jobs since Obama took office. Even if the administration has “saved or created” 150,000 jobs, the economy still has a net loss of over 2 Million jobs.

How can this administration TAKE CREDIT for 150,000 jobs “saved or created?” Where are these jobs? Who has them? The American people have good reason to ask these questions of a president who promised “unprecedented transparency.”

PREDICTED: The administration PREDICTED that the stimulus would keep unemployment from rising above 8%. (Insert Chart 1)

DELIVERED: Last week, the Labor Department released the latest job numbers. By the end of May 2009, unemployment had spiked to 9.4%, higher than any point since 1983. (Insert Chart 2- Graph actual)

CLAIMED: The administration CLAIMED this week to have “saved or created 150,000 jobs.”

DELIVERED: According to the Bureau of Labor Statistics, 2.2 million Americans have LOST their jobs since Obama took office.

That amounts to more than just fuzzy math… its fraudulent math.

Rep. Jim Jordan (R-OH)

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