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Unemployment Rises To 9.1% In Wake Of Donnelly & Obama’s Failed $787 Billion Stimulus

In yet another reminder that President Obama and liberal U.S. Rep. Joe Donnelly’s (D-IN) $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 Donnelly’s tax-and-spend economic policies in Washington.  While Congressman Donnelly and the Obama Administration promised their $787 billion stimulus would create millions of new jobs and keep national unemployment below 8 percent, the United States has actually lost more than 1.8 million jobs since Donnelly 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, Hoosiers are reminded once again that the Obama-Donnelly 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 Info:

Donnelly Was “Pleased” With The Passage Of The Stimulus

 

Donnelly Said He Was “Pleased” That The Stimulus Passed And The Bill Will “Create And Save Much-Needed Jobs And Help Get Our Economy Back On Track.” “‘I was pleased that The American Recovery and Reinvestment Act passed in the House of Representatives today,’ Donnelly said. ‘I voted for this legislation because it will create and save much-needed jobs and help get our economy back on track. Our current economic situation is too dire to do nothing, and I believe this stimulus plan is one of the answers to getting our economy back on the path to recovery.’” (Rep. Joe Donnelly Press Release, “Rep. Donnelly Lauds Passage Of Recovery And Reinvestment Plan,” 2/14/09)

 

·         Joe Donnelly: “‘Our Main Goal Is To Create And Save Jobs Here In North Central Indiana,’ Donnelly said. ‘I encourage the Senate to pass this legislation as soon as possible so we can get it on the president’s desk and start seeing its much-needed effects.’” (Rep. Joe Donnelly Press Release, “Rep. Donnelly Lauds Passage Of Recovery And Reinvestment Plan,” 2/14/09)

 

Donnelly’s Press Release Stated The Stimulus Bill Will “Create Or Save” 3.5 Million Jobs – 75,000 In Indiana. “The compromise package of $789 billion will create or save 3.5 million jobs-75,000 in Indiana and 7,900 in north central Indiana. The jobs will be created in a wide range of industries from clean energy to health care, with over 90 percent in the private sector.” (Rep. Joe Donnelly Press Release, “Rep. Donnelly Lauds Passage Of Recovery And Reinvestment Plan,” 2/14/09)

 

BUT DONNELLY & 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)

 

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