The Rats Are Jumping Ship—
The US unemployment spiked from 7.6% to 10.2% this year under Obama… the highest rate in 26 years.
Chart from the Bureau of Labor Statistics– via Sweetness and Light
Obama promised his stimulus plan would create 3.7 million new jobs.
Instead America has lost 3.6 million jobs.
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Democratic Reps are threatening a jobs March on Washington to protest their own failed economic policies.
Members of President Obama’s own political party are charging that the White House and the Democratic Congressional leadership are not doing enough to help the unemployed and are threatening to organize a march on Washington of jobless Americans.
“Obviously there’s something that’s not getting through to them,” said Rep. Bobby Rush, D-Illinois. “And we’re going to let the White House and everybody who’s concerned know that we have got people in our districts who are depending on us to deliver for them.”
Rush and Reps. Marcy Kaptur, D-Ohio, and Candice Miller, R-Michigan, chair the new Congressional “Jobs Now Caucus,” which is comprised of 112 Democrats and 17 Republicans.
Rush and Kaptur argue that a new jobs program is more important than health care reform, but stop short of threatening to hold up a vote on one of Obama’s most important domestic policy initiatives.
“We’re not there yet,” Kaptur said.
Some of the proposals being floated by the caucus include: redirecting existing stimulus and TARP money to jobs programs and pressing for a new jobs bill, which they’re careful not to call a “stimulus.”