Skewz is a place to read conservative and liberal stories selected by users.
Join the community and vote to
Join the community and vote to
reveal media bias!
This article does not exist in Skewz
Liberal
Conservative
In February, President Barack Obama signed a $787 billion stimulus bill while making lavish promises about the results. He pledged that "a new wave of innovation, activity and construction will be unleashed all across America." He also said the stimulus would "save or create up to four million jobs." Vice President Joe Biden said the massive federal spending plan would "drop-kick" the economy out of the recession.
But the unemployment rate today is 9.5% -- nearly 20% higher than the Obama White House said it would be with the stimulus in place. Keith Hennessey, who worked at the Bush White House on economic policy, has noted that unemployment is now higher than the administration said it would be if nothing was done to revive the economy. There are 2.6 million fewer Americans working tha
Posted by:
oleneo65
09-Jul-2009 09:25
Source:
online.wsj.com
Type:
Editorial/Opinion
Category:
Economy/ Fiscal Policy

Media Bias Chart
Media Bias Cloud
Tools/Widgets
Subscribe to RSS feed
Add to iGoogle
Skewz Podcast
Share
Permalink
Quick Read
)Inappropriate
1 Comments
Add Comment