As displayed in the chart below, Democrats’ 2009 stimulus bill has failed to create jobs, as 47 out of 50 states lost jobs between February 2009 (when the law was signed) and November 2010 (the most recent data). It is telling that the only place in America that has exceeded the White House’s expectations for job creation is Washington, D.C. Meanwhile 13 States (CA, CO, DE, GA, IL, KS, MI, MO, NV, OH, RI, WI, and WY) have lost more jobs to date than the Administration predicted they would gain. ...
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Today’s latest unemployment report, showing a 9.8% unemployment rate for November, marks the 16th consecutive month that the unemployment rate has been at or above 9.5% - the longest period since the Great Depression. Despite this, yesterday, Democrats voted to raise taxes on small businesses, putting a target on the back of every worker in every small business in America. Clearly, Democrat policies have continually failed to create jobs. As the chart below shows, they promised unemployment woul...
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While Democrats promised stimulus would create 3.7 million jobs, the reality is far different. To date, 48 out of 50 states have lost jobs, while the unemployment rate has remained at or above 9.5% for 15 consecutive months. As the nation nears the end of 2010 -- when final statistics will be available to compare actual outcomes with the Administration's pre-stimulus projections -- Washington, D.C. remains the only place in America where those job-creation projections actually have been met. Mea...
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Yesterday the White House Council of Economic Advisors issued a report saying Democrats’ 2009 stimulus law “by some measures has exceeded the original goal of creating or saving 3.5 million jobs by the end of 2010." Those “measures” must not include what experts call “data,” and most people call “facts.” Consider the comparisons below between what the White House said would happen if their stimulus plan passed in terms of jobs and unemployment with what actually happened and ask how the current ...
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This morning on CNBC, U.S. Department of Labor Secretary Hilda Solis said the fact that the U.S. unemployment rate was 9.6% in October 2010 (as opposed to 10.1% in October 2009) “tells you...we’re on the right path.” Contrary to her rhetoric, the facts show that the U.S. unemployment rate has been 9.5% or above for 15 consecutive months – the longest period since the Great Depression. The unemployment rate hasn’t fallen since spring – when hundreds of thousands of temporary government Census job...
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In case anyone needs another reason for extending all of the 2001 and 2003 tax cuts, look no further than the continued difficulties in the U.S. job market. October 2010 marked the 18th consecutive month the official U.S. unemployment rate was stuck above 9 percent. Meanwhile, 48 out of 50 States have lost jobs since Democrats’ trillion-dollar 2009 stimulus plan. Yet as bad as those official conditions are, the Chairman of President Obama’s Council of Economic Advisors, Austan Goolsbee, suggests...
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Washington, DC – Following the release of the October jobs report this morning, Rep. Dave Camp (R-MI), the top Republican on the House Ways and Means Committee, issued the following statement. “The policies of higher taxes, more deficit spending and greater regulation coming out of Washington have failed to produce the jobs Americans need. Today’s unemployment rate is another sign that Washington has been on the wrong course. The gain in payroll employment in October is welcome, but is not near...
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The Department of Labor today released its latest state-by-state job report, showing state jobs and unemployment data for September 2010. This latest data, when compared with the level of jobs in February 2009, when President Obama signed Democrats’ trillion-dollar stimulus plan into law, reveals that 48 out of 50 States have lost jobs since then. In total, over 2 million jobs have been eliminated, in contrast to the over 3 million more jobs Americans were promised if Democrats’ 2009 stimulus pl...
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Administration Claim “The rate of unemployment has stayed high because more people are coming into the job market again,” said Solis. “Those that are discouraged are also looking for jobs again, so that’s what keeps the unemployment rate high.” Hilda Solis, Secretary of the U.S. Department of Labor, October 12, 2010 Reality Official U.S. Department of Labor data show that the labor force (which reflects people “in the job market”) has fallen by 243,000 since the Administration’s February 2009 st...
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Speaking for the Obama Administration, Vice President Biden last week insisted that “We know how to create jobs, and we know how to balance the budget. If I hear one more Republican tell me about balancing the budget, I am going to strangle them." Meanwhile, the Obama Misery Index – which measures the rise in unemployment and debt since the Obama Administration began – reached a new record high of 67 percent last month. The public debt has soared 43 percent in just 20 months, while unemployment ...
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