| In yet another reminder that President Obama and liberal U.S. Senator Joe Manchin’s (D-WV) $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 Manchin’s tax-and-spend economic policies in Washington. While Manchin 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 Manchin cheered as his Washington party bosses rammed 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, West Virginians are reminded once again that the Obama-Manchin 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:
| MANCHIN CLAIMED THE OBAMA ADMINSITRATION’S $787 BILLION STIMULUS WOULD “MAKE A BIG DIFFERENCE IN THE JOB MARKET”
In February 2010, Manchin Said The Stimulus Would “Make A Big Difference In The Job Market.” Q “Looking back at the success of the stimulus package, there seems to be a sense that a lot of states are making hard decisions and maybe it wasn’t such a great thing after all. Do you share that assessment? Do you think it’s fair?” . . . Gov. Manchin: “There’s an awful lot of that money that is coming out now going towards infrastructure — projects, state by state, I think it will make a big difference in the job market.” (Press Conference With Governor Joe Manchin (D-WV) et al, 2/22/10)
In December 2008, Manchin Said Obama’s Plan For An Economic Stimulus Package With Funding For Infrastructure Projects Would Jumpstart The U.S. Economy Immediately By Creating Jobs And Demand For Construction Materials. “After meetings with President-elect Barack Obama on Monday and Tuesday, Gov. Joe Manchin said he is convinced Obama will move quickly on economic stimulus packages for the states. Manchin said federal funding for highway construction and other infrastructure projects would jump-start the U.S. economy by immediately creating jobs and demand for construction materials. ‘With infrastructure projects, these jobs are ready to go tomorrow,’ Manchin said Tuesday afternoon, after Obama met with the Democratic Governors Association Monday evening and the National Governors Association Tuesday morning in Philadelphia.” (Phil Kabler, “Obama Will Help, Manchin Says,” The Charleston [WV] Gazette, 12/3/08)
· “Manchin Said, ‘He’s [Obama’s] Not Just Throwing Money At This (Recession). He Wants To Make Sure There Are Investments And Value.’” (George Hohmann, “Manchin Says Obama Here To Help,” Charleston [WV] Daily Mail, 12/3/08)
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 MANCHIN & 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) |
