Barack Obama told a Virginia crowd today that the Stimulus Bill is working and has done its job.
Unreal.
Here’s Dear Leader on Wednesday:
Did you catch that?
Barack Obama said the Stimulus will have no effect on the record deficit he’s racked up this year.
He thinks we’re idiots.
Obama will quadruple the US budget deficit his first year in office.
And, he wants to spend trillions more for his Obamacare program.
The US lost over 2.5 million jobs in the first four months of this year under the Obama Administration.
The US unemployment rate rose from 7.6% to 9.5% under Obama… the highest rate in 26 years.
Hat Tip Bobby B.
Obama said with the Stimulus Bill the unemployment rate would not go over 8%.
The unemployment rate is currently at 9.4%.
But, Obama says it’s working.
The US has lost 16,000 jobs each day since Democrats passed their non-Stimulus bill, the largest redistribution of wealth from the private sector to government officials in US history. This is after Obama promised the Stimulus bill would bring down unemployment.
But, Obama says it’s working.
UPDATE: The unemployment rate was adjusted on this post to reflect the latest government data.