Obama-Pelosi Economic Plan Resulted in Record 7.5 Million Jobs Deficit
Posted by Jim Hoft on Friday, September 3, 2010, 7:13 PM
Worst. President. Ever.
We can now safely say that Obama is the worst jobs president since the Great Depression. We can also safely say that the Obama-Pelosi Keynsian Economic Plan is one of the worst economic disasters in US history.
BB sent the latest jobs chart showing the actual jobs lost in the US compared to the predicted losses by Team Obama after the Trillion dollar stimulus was passed.
By every objective measure the democrat’s Trillion dollar stimulus bomb was a complete disaster. This radical far left plan resulted in a cumulative 7.5 million jobs deficit.
The Foundry reported:
By every objective measure, President Barack Obama’s economic stimulus package has been a complete failure. When President Obama was selling his stimulus plan to the American people, he promised it would save or create 3.5 million jobs by the end of 2010. At the time, employment stood at about 134.3 million, according to the Labor Department’s most commonly used measure. That established an Obama jobs target for December 2010 at 137.8 million. According to the latest jobs report, total U.S. employment stood at 130.3 million in August, which means the cumulative Obama jobs deficit stands at 7.5 million.
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Published May 24, 2012 at 8:46 pm - 91 Comments
Andreas K. commented:
Add another million and you can say that the whole population of Austria is unemployed. But I doubt The Zero and his minions will stop there.
Chisum commented:
Ramirez: Weekend at Recovery Bernie’s!
http://hotair.com/archives/2010/09/03/ramirez-weekend-at-recovery-bernies/
shibumi commented:
Of course, if Obama’s intent was to drive us into a depression, well, his policies have been a resounding success.
Robert commented:
In addition to their disastrous policies, we also have
a steady stream of anti-business rhetoric helping
to create a climate of uncertainty.
‘At some point you’ve made enough money.’
‘We’ll keep our boot on their neck.’
These people are economic government thugs.
gus commented:
He brought us back from the BRINK of prosperity.
Chisum commented:
‘Bush … Come Back, Bush, Come Back’
http://pajamasmedia.com/victordavishanson/bush-come-back-bush/?singlepage=true
Valerie commented:
This is why I keep harping about the need to elect anybody but a Democrat for the upcoming House and Senate races: Barack Obama neither wrote nor passed these laws that gave us this mess. Certainly the White House could have asked for, and may have had, input into the legislation, but the House and Senate are responsible for fiscal policies.
BO may have the bully pulpit, but the House and Senate majority leaders and the Committee chairs had far more to do with the critical miss-steps that have tanked our economy, and continue to act as a drag on it.
auntie em commented:
Envy is always referred to by its political alias, “social justice.”
– Thomas Sowell
Ginger commented:
Bush….. Leak Barry’s real birth certificate….
PLEASE
DocScience commented:
Actually, by Obama’s measure, the stimulus was VERY effective.
It moved over $1 trillion from the hated productive sector into HIS favored businesses, unionists, NGO’s, and dependent clients of the Democrats.
Redistribution of wealth.
With a lot of it sticking to the fingers of the liberal elite and their enablers.
Perfection, Chicago style.
Multitude commented:
Unfortunate that this is on top of the greatest fiction of unemployment statistics, a practice that makes the financial manipulation of Enron, Worldcom and Global Crossing look small time:
- been unemployed for too long? we won’t count you because we know Obama’s economy is so damn good, you’d find a job if you got off your fat ass and tried. So we’re not gonna count ya!
- have a masters degree, three professional certifications in a highly specialized technology field and all you can find is a job at Home Depot? We’ll count ya as fully, gainfully employed, nevermind you’re making $9.50/hour instead of $110,000/year.
That this administration stinks like no other, even when it’s cooking the books, says it all. Make a note this weekend to point out to all your liberal friends that they personally wrecked the car by voting for this fraud, all in the absurd hope they’d have “hope” and “change.”
S. Wolf commented:
A doctor from Israel says: “In Israel the medicine is so advanced that we cut-off a man’s testicles, we put it into another man and in 6 weeks he is looking for work”
The German doctor comments: “That’s nothing, in Germany we take part of the brain out from a person, we put it into another person’s head and in 4 weeks he is looking for work.”
A Russian doctor says: “That’s nothing either. In Russia we take out half of the heart out from a person, we put it into another person’s chest and in 2 weeks he is looking for work.”
The US doctor answers immediately: “That’s nothing colleagues, you are way behind us….in the USA we grabbed a person with no brains, no heart and no balls….we made him President and now….the whole country is looking for work!!!!!”
sigh..
Karen commented:
Thanks a bunch brainiacs!
jainphx commented:
Heard an interview on Hannity’s program today by guest host Simone. He interview a woman that has been investigating the 08 election and Acorns participation. She claimed that she had proof that the election was stolen on all levels. I never heard her name or I forgot, but she has a blog and I don’t remember that either, did anyone else hear this? Help out an old man with bad memory,
jainphx commented:
We have to be very aware of the same type of crap this November, but how do we do that?
Brooklyn commented:
WELCOME BACK CARTER !
Democrats simply haven’t learned a thing.
Same disaster they created in NJ, MI, NY, CA, LA, etc.
Same folly which was mostly – thankfully checked with the Clintons entered the WH in 92. They tried to do the same disastrous collectivist waste – exploiting Goverment to peddle influence and grow dependency for their own greed. The Hillary-Bill folly tried to Nationalize Health Care, gave us a massive tax increase which helped create Recession in 2000, pushed for massive Government Deficit Spending, began their self describe ‘revolution’ in HOUSING via HUD-Fannie-Freddie-the Clinton DOJ which eventually destroyed Our economy by undermining the Mortgage Industry, etc.
Most of that folly was checked by a Republican take over in the House for the first time in 40 years.
It is too bad, many on the good side, lost their cool after 2004, and embraced a nutty reactionary self destruction, which enabled the likes of Pelosi, Obama, Clinton and Reid, to gain ultimate power.
This NOV is essential. We predicted and expected the Democrat Disaster we see today. They have wrecked the Economy, enabled threats around the world – ignoring and appeasing serious threats (like Iran’s ticking time bomb), alienating historic Free Democracies – who are Our finest Allies, etc.
Most of all, their juvenile Partisan obsession, continues to divide all. They are some of the most ugly in demeanor, actions, etc., and their deceit is simply grown to obscene levels.
The reality is revealed more and more, that the Democratic Party is comprised with the ‘know it all’ class, who have no clue, but are always demonizing everyone for their own survival.
Thanks Barack!
Thanks Hillary!
Thanks Harry!
Thanks Nancy!
You are the WORST we have ever encountered.
When they were handing out careers, you should have taken up something else. Anything but this…
Colo Kid commented:
…well now, you see, the Bama and Robert Mugabe went to the same school of economics. The US economic system will look like Zimbabwe’s very shortly—its going in the right direction, you know.
andy commented:
Guess we are supposed to forget about the bush eight year trainwreck, that put us so far in the hole that it will take a decade to get out.
Think you fascists are funny, in your circle jerk, pretending its the current guy at fault.
S. Wolf commented:
jainphx #18/19
‘I am a documentary filmmaker, a Democrat. During the 2008 primaries, I was asked by a former congressional investigator to watch for and document any voter fraud occurring in the Democratic Party caucuses. Complaints had been filed, claims that Hillary Clinton had won the popular vote but lost the caucus vote.
What I witnessed in Texas — and later in many other states — were things I could never forgive.
The New Black Panther case — think that was an isolated incident? It certainly wasn’t. That type of lawless behavior got started in the primaries. I listened to first-hand accounts of Obama’s supporters threatening Clinton’s. I heard accounts of Obama supporters stopping fellow Democrats from voting Hillary by any means possible — intimidation, locking doors to prevent entry, sending elderly voters to the wrong address, putting false start times on buildings, fabricating counts, using false information on caucus sign-in sheets, even stealing and altering caucus results.
I recorded eyewitness accounts of people being bussed in from out of state to caucus in Indiana.
And in Kansas. And Iowa.
I heard of addresses and names being copied out of the phone book to nudge the results towards Obama. I heard of Obama supporters being allowed to vote without ID. Heard of Hillary voters being flat-out lied to: told they were not on the list and unable to vote, when they were.
In El Paso, at a 13-delegate precinct, Obama supporters attempted to award him 19 delegates.
I was horrified that this was occurring in America and that it would continue on at the Democratic National Convention. Worst of all, our protected free press was nowhere to be found: Hillary’s team tried to alert the media, but very few listened.
Caucuses are undemocratic — politicians know this, but not all Americans, and you simply must. The documentary has a clip of Gloria Allred saying: “Lets get a Democrat in the White House, and then we will take care of the caucus.” This has, of course, not occurred — in fact, quite the opposite. A DNC committee co-chaired by Claire McCaskill has since voted to establish more caucuses, minimizing what transpired and disenfranchising the thousands of voters who sent complaints to Howard Dean, the DNC chair at the time.’..
Gigi Gaston
Granny commented:
andyNo Gravatar
September 3rd, 2010 | 10:12 pm | #23
Guess we are supposed to forget about the bush eight year trainwreck,
Andy, go take a peek at the government’s own employment figures from the BLS. Unemployment was about half what it is today on the day that TheWon took office – across the board. And that is before we talk about the deficit.
jainphx commented:
Gigi Thank you. Now what must we do to protect against the shiite in November.
S. Wolf commented:
andy #23
Oh now.. ‘fascists’? I hope you aren’t a Lonnie Jones..
S. Wolf commented:
jainphx
I’m not ‘Gigi’.. she is the author of the piece I posted above.. There is a link to a video interview of her at the link.
mueller commented:
Hi Andy. hows that 12 step program going for you?
No doubt Bush is partly to blame, but the guy you’ve pinned your hopes on, the guy you voted for, put turbo chargers on a bad economy and pointed it to the center of the earth. Instead of making things better he worsened the economy four fold over the one Bush had. And now your messiah owns it.
Enjoy the hope and change.
Andreas K. commented:
Andy, Andy, Andy, Bush had only a 500 billion hole. He handed that over to Obama. And now the hole is a few trillion. Hmmm, of course that’s Bush’s fault, right?
Never mind that Bush’s “stimulus” had to be approved by the Democrats on the Hill. They said “yes” to it. If they wouldn’t have said yes, nothing would have happened. But of course, they also pressured Bush into doing something. So Bush did something and they approved it and now it’s Bush’s fault.
Love the logic, or lack of it.
And Andy my boy, fascists? Do you even know what a fascist is? Hitler was a fascist. Stalin was a fascist. Che Guevara was a fascist. Hugo Chavez is a fascist. Fascism has one typical symptom (out of many) and that is an overbearing government.
But what am I saying, you’re most likely so perfectly indoctrinated in the same old fascist BS that dates back to Karl Marx himself, so I’m not going to bother bringing in the finer points.