7 Months After Stimulus 49 of 50 States Have Lost Jobs


Let’s all hold hands and sing the Hope & change song. Ready? Here we go…Uh…uh…uh…Barack Hussein Obama. It seems the stimulus did everything except to stimulate. Hey Barack, you’re doing it wrong.

America Now Over 6 Million Jobs Shy of Administration’s Projections
Wednesday, October 21, 2009

 

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 September 2009 (the latest figures available).  According to the data, 49 States and the District of Columbia have lost jobs since stimulus was enacted.  Only North Dakota has seen net job creation following the February 2009 stimulus.  While President Obama claimed the result of his stimulus bill would be the creation of 3.5 million jobs, the Nation has already lost a total of 2.7 million – a difference of 6.2 million jobs.  To see how stimulus has failed your state, see the table below.

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Filed under Economy, Stimulus Package

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