Friday, July 8, 2011

The Daily Snark 7/8

From economics21.org

To those of us who are dying to find decent work and strongly questioned the value of the Stimulus, this is enraging. And that's not hyperbole; I'm freaking seeing red over this.

The same government, in fact, the same people who brought us this chart also told us ObamaCare would pay for itself. Do you still believe those people? The evidence, provided by the Obama Administration itself, shows that we would have lower unemployment had the Stimulus never been passed. Nearly $800,000,000,000.00 that we don't have was spent to make things worse.

The difference between where we are and where it was predicted we would be is nearly roughly 2.5% of the workforce. That's approximately 3,825,000 people who would have jobs. Mind you, that doesn't include the millions who have just flat out given up hope and dropped out of the workforce.

Clearly, this "Stimulus" is an unmitigated failure. Unbelievably, the Administration is still trying to sell it as a success. We may be unemployed, Mr. President, but we're not stupid. The numbers don't lie.

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