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

In yet another reminder that President Obama and liberal U.S. Senator Ben Nelson’s (D-NE) $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 Nelson’s tax-and-spend economic policies in Washington.  While Nelson 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 Nelson 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, Nebraskans are reminded once again that the Obama-Nelson agenda of reckless spending has failed to create the promised jobs while driving our national debt past a record $14.3 trillion,” said National Republican Senatorial Committee (NRSC) spokesman Jahan Wilcox.

Background Information:

NELSON CLAIMED HIS $787 BILLION STIMULUS WOULD CREATE JOBS

 

President Obama: “Without Ben, I’m Not Sure We Get Other Votes [For The Stimulus Package]. … I Think He’s Been A Very Constructive Partner In This Process.” (Joseph Morton, “President Praises Nelson’s Role In Bill,” Omaha World-Herald, 2/12/09)

 

Nelson: “The Time Is Now To Begin Turning This Recession Toward Recovery. … The $789 Billion Economic Recovery Plan Before Us Providing Jobs Creation And Tax Cuts For Millions Of Americans Has The Best Chance To Do That, I Believe.” (Senator Ben Nelson, Congressional Record, 2/13/09, S2295)

 

Nelson Said The Stimulus Was “A Jobs Bill” Needed To Prevent The Deepening Economic Crisis From Turning Into A Depression. “‘It’s a jobs bill,’ [Nelson] said, one that is needed immediately to prevent the deepening economic crisis from sliding into a catastrophe.” (Don Walton, “Nelson: Dems Tried To Work With GOP On Bill,” Lincoln Journal Star, 2/12/09)

 

  • Nelson: “We Think We Can Help Blunt Some Of The Impact Nebraskans Would Otherwise Feel.” (Don Walton, “Nelson: Dems Tried To Work With GOP On Bill,” Lincoln Journal Star, 2/12/09)

 

Nelson Said The Stimulus Would Create Or Save Thousands Of Jobs For Nebraskans. “Later, [Nelson] said that the bill isn’t perfect but that it will create or save thousands of jobs for Nebraskans and aid the entire country as it deals with its economic woes.” (Joseph Morton, “President Praises Nelson’s Role In Bill,” Omaha World-Herald, 2/12/09)

 

  • Nelson: “Today We Threw A Lifeline To Millions Of American Families, Business Owners And Workers Being Dragged Down By This Sinking Economy.” (Joseph Morton, “President Praises Nelson’s Role In Bill,” Omaha World-Herald, 2/12/09)

 

Nelson Said The Stimulus Plan “Stunk The Least” Of All The Possible Solutions. “U.S. Sen. Ben Nelson of Nebraska says the $787 billion stimulus package ‘at the end of the day was the solution that stunk the least.’” (“Neb. Senator: Stimulus Plan ‘Stunk The Least,’” The Associated Press, 2/25/09)

 

BUT NELSON & 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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