Friday, September 4, 2009

Stimulus Failing: Unemployment Now at 9.7%

The jobless rate rose to 9.7% in August. This is a 26 year high.

Bloomberg
reported:

This level is significantly higher than President Obama and the Democrats in Congress told us unemployment would reach if the stimulus wasn't passed. (See chart)

The American public was deceived when the stimulus was passed. We were told it was a "jobs creation" bill. Instead we got "Porkulus."

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