| In yet another reminder that President Obama and liberal U.S. Senator Bob Casey’s (D-PA) $787 billion stimulus failed to create jobs while driving our national debt past $14.3 trillion, the U.S. Department of Labor reports today that national unemployment has risen again to 9.1 percent.
Today’s rise in unemployment is just the latest development to highlight the failure of Obama and Casey’s tax-and-spend economic policies in Washington. While Casey and the Obama Administration promised their $787 billion stimulus would create millions of jobs and keep national unemployment below 8 percent, the United States has actually lost more than 1.8 million jobs since Casey helped his Washington party bosses ram it into law – and national unemployment has remained above 8 percent now for 28 consecutive months. “As the unemployment rate rises to 9.1 percent, Pennsylvanians are reminded once again that the Obama-Casey agenda of reckless spending has failed to create the jobs they promised while driving our national debt past a record $14.3 trillion,” said National Republican Senatorial Committee (NRSC) spokesman Chris Bond. |
Background Information:
| CASEY CLAIMED HIS $787 BILLION STIMULUS WOULD “GET OUR ECONOMY OUT OF THE DITCH BY CREATING JOBS”
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)
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)
BUT CASEY & OBAMA’S $787 BILLION STIMULUS FAILED TO CREATE PROMISED JOBS
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)
Since The Stimulus Was Passed, The United States Has Lost 1.8 Million Jobs. (Bureau Of Labor Statistics, BLS.gov, Accessed 6/3/11) |
