News


Two Years Later, Casey’s $787 Billion Stimulus Has Failed To Create Promised Jobs

Two years after President Barack Obama signed the Democrats’ $787 billion stimulus debacle into law, voters are reminded that liberal U.S. Senator Bob Casey (D-PA) has failed to create the jobs he promised.

The Obama White House projected that their massive stimulus spending would cap national unemployment at 8 percent, and Casey promised Pennsylvanians that it would “[help] get our economy out of the ditch by creating jobs…” But since Casey and the Democrats rammed their stimulus debacle into law on a party-line vote, Pennsylvania’s unemployment rate has risen from 7.2 percent to 8.5 percent.

“In the two years since Bob Casey rubberstamped President Obama’s $787 billion stimulus and promised it would create jobs, Pennsylvania’s unemployment rate has risen even higher,” said National Republican Senatorial Committee (NRSC) spokesman Chris Bond. “Senator Casey still refuses to admit that his massive stimulus spending failed to create jobs while driving our national debt past $14 trillion, but Pennsylvanians will surely see through his rhetoric and hold him accountable for his reckless spending and debt when he faces them at the polls next year.”

Meanwhile, the NRSC launched a new web video today entitled “Happy Anniversary, Stimulus,” to remind voters nationwide of the failure of the Democrats’ $787 billion stimulus debacle.

CLICK HERE To View The NRSC’s New Web Video

Background Information

Casey: “The American Recovery And Reinvestment Act (ARRA) Is Helping Get Our Economy Out Of The Ditch By Creating Jobs And Aiding Those Hardest Hit By The Worst Economic Downturn Since The Great Depression.” (Senator Bob Casey Website, www.casey.senate.gov, Accessed 2/1/11)

Casey: “On The National Level, ARRA Is Helping To Stabilize Our Economy While Investing In Long-Term Economic Growth.” (Senator Bob Casey Website, www.casey.senate.gov, Accessed 2/1/11)

Casey: “This Bill Is Good For Pennsylvania.” (Senator Bob Casey Website, www.casey.senate.gov, Accessed 2/1/11)

Casey Told Business Leaders In Pennsylvania That The Stimulus Would Help Get The Economy Out Of The Ditch, Create Jobs, And Help Those Who Suffered The Most From The Recession. “Mr. Casey, a Democrat, told about 165 business leaders who attended a breakfast hosted by the Greater Wilkes-Barre Chamber of Business and Industry at the Woodlands Inn and Resort that the American Recovery and Reinvestment Act will help get the economy out of the ditch, create jobs and aid those hardest hit by the recession. He said the act is good news for Northeast Pennsylvania, the entire state and country.” (Denise Allabaugh, “Stimulus Plan Defended,” The [Scranton ,PA] Times-Tribune, 3/17/09)

Pennsylvania’s Unemployment Rate Has Risen Since The Stimulus Passed

Pennsylvania’s Unemployment Rate Was 7.2% When The Stimulus Passed In February 2009. (Bureau Of Labor Statistics Website, www.data.bls.gov, Accessed 2/10/11)

· Pennsylvania’s Unemployment Rate Was 8.5% In December 2010. (Bureau Of Labor Statistics Website, www.data.bls.gov, Accessed 2/10/11)

Share