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10-29-2009, 07:19 AM #1
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Where Are All the Jobs You Promised, Mr. President? $1 trill
$1 trillion be injected into the American economy to create new jobs and spark economic recovery
Where Are All the Jobs You Promised, Mr. President?
By John Lillpop
Wednesday, October 28, 2009
Back in February, President Obama told Congress and the nation that it was essential that $1 trillion be injected into the American economy to create new jobs and spark economic recovery.
According to the president, passage of the stimulus bill was so urgent that we could not afford to take time for Congress to read the 1,000+-page document.
We need it NOW to save America, said President Obama while promising that the bill would add 3.5 to 4 million jobs.
Nearly ten months later, the only thing that the Democrat bill has stimulated is the federal deficit which has exploded out of control and which threatens the economic prosperity of untold generations of Americans not yet born.
Meanwhile the economy continues to hemorrhage jobs at an alarming pace and unemployment may reach 10 percent or higher soon.
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