$787 Billion Debacle Failed To Create Jobs, Drove Nat’l Debt Past $14.3 Trillion
When liberal U.S. Rep. Tammy Baldwin (D-WI) stood with President Barack Obama and rammed through the $787 billion stimulus, they promised it would “save or create 3.5 million jobs before 2011” and she claimed it would “create and save the jobs we need now – more than 70,000 in Wisconsin over the next two years.”
But the fact is, 28 months since liberal Baldwin and the Democrats passed their stimulus, nearly 1.9 million fewer Americans are employed. As CNS News reports:
Twenty-eight months after Congress passed President Obama’s signature economic stimulus law, and nearly one year after he declared the summer of 2010 to be “Recovery Summer,” 1.9 million fewer people are employed. In February 2009, the Bureau of Labor Statistics (BLS) reported that 141.7 million people were employed. By the end of May 2011 – the last month for which data are available – that number had fallen to 139.8 million, a difference of 1.9 million.
Notably, liberal Baldwin toed the Democrat line 98 percent of the time in the 111th Congress.
“When liberal Tammy Baldwin and her fellow Washington Democrats rammed their $787 billion stimulus into law, they promised it would ‘save or create 3.5 million jobs,’ but today there are 1.9 million fewer Americans employed,” said National Republican Senatorial Committee (NRSC) spokesman Chris Bond. “Wisconsinites will hold Baldwin accountable for her massive liberal spending spree that failed to create jobs while driving our national debt past $14.3 trillion.”
Background Information:
Liberal Tammy Baldwin And The Democrats Promised Their Stimulus Would
“Save Or Create 3.5 Million Jobs.”
“The Obama administration is defending its claim that the $787 billion economic stimulus plan will save or create 3.5 million jobs before 2011 even while conceding that unemployment will likely continue to rise beyond its earlier predictions.” (Stimulus plan will create or save 3.5 million jobs, White House says, Associated Press, 05/11/09)
President Obama’s Economic Advisors Christina Romer And Jared Bernstein Predicted Unemployment Would Not Rise Above 8 Percent If The Stimulus Was Passed. (Christina Romer and Jared Bernstein, “The Job Impact Of The American Recovery And Reinvestment Plan,”1/9/09)
BALDWIN: The Stimulus “Will Create And Save The Jobs We Need Now – More Than 70,000 In Wisconsin Over The Next Two Years.” (U.S. Rep. Tammy Baldwin, Press Release, 02/13/09)
BALDWIN: The Stimulus “Moves Us In The Direction We Absolutely Must Go If We Are To Recover From The Current Economic Crisis.” (U.S. Rep. Tammy Baldwin, Press Release, 02/13/09)
But Since Liberal Tammy Baldwin’s Stimulus Was Passed, America Has Lost Nearly 1.9 Million Jobs
- Our County Has Lost Nearly 1.9 Million Jobs Since The Stimulus Passed In February 2009. (Matt Clover, “1.9 Million Fewer Americans Have Jobs Today Than When Obama Signed Stimulus,” CNS News, 6/14/11)
- The Unemployment Rate Is 9.1 Percent And Has Remained Above 8 Percent For 28 Straight Months. (U.S. Bureau of Labor Statistics, www.bls.gov, Accessed 6/3/11)
