Thursday, October 22, 2009

Is This The Hope Or The Change? (h/t Drudge)

"Nine 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."

Did anyone in this administration ever take a basic Economics class? Any competent economist would have seen this coming. It's not enough to "talk" about job creation (or saving jobs), you actually have to enact programs that work. Government spending alone is not job creation.

Read it all here.

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