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

In yet another reminder that President Obama and liberal U.S. Senator Jon Tester’s (D-MT) $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 Tester’s tax-and-spend economic policies in Washington.  While Tester 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 Tester 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, Montanans are reminded once again that the Obama-Tester 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:

TESTER CLAIMED HIS $787 BILLION STIMULUS WOULD CREATE “MILLIONS OF NEW JOBS” AND CALLED IT A “BIG VICTORY FOR MIDDLE-CLASS FOLKS IN MONTANA”

 

Tester Said The Stimulus Would Create “Millions Of New Jobs” And Cut Taxes “By Hundreds Of Billions Of Dollars.” “Both of Montana’s U.S. Senators today voted in favor of a plan to rebuild America’s struggling economy by creating millions of new jobs, investing in long-term infrastructure, and cutting taxes by hundreds of billions of dollars. Senators Max Baucus and Jon Tester voted to pass the Jobs Bill, formally known as the American Recovery and Reinvestment Act.” (Senator Jon Tester, “Baucus, Tester Vote For Final Jobs Bill, At Least $626 Million For Montana,” Press Release, 2/13/09)

 

Tester Called The Stimulus A “Jobs Bill,” And Said It Was A “Big Victory For Middle-Class Folks In Montana.” “‘This Jobs Bill is a big victory for middle-class folks in Montana who are paying a tough price after years of failed economic policies,’ Tester said. ‘This Jobs Bill will rebuild our economy from the ground up by putting folks to work and investing in people. We won’t get out of this mess overnight, but passing the Jobs Bill is an important first step, and it will pay us back for generations to come.’” (Senator Jon Tester, “Baucus, Tester Vote For Final Jobs Bill, At Least $626 Million For Montana,” Press Release, 2/13/09)

 

“‘The Word “Stimulus” Is A Washington, D.C., Word That Doesn’t Mean Much In My Book,’ Tester Said.  ‘That’s Why—From Day One—I Have Called This The Jobs Bill.  Because That’s Exactly What It Is.  You’re Either For Jobs. Or You’re Against Jobs . . . .’” (Senator Jon Tester, “Tester To Congress: ‘You’re Either For Jobs Or Against Jobs,’” Press Release, 2/11/09)

 

Tester Said He Looked At The Stimulus As A “Jobs Bill,” And Said “We Needed Something To Really Put People Back To Work. I Think This Bill Does That.” MADDOW: “First of all, I know you were a big supporter of the stimulus bill. So, congratulations to you on that legislation passing the Senate today. I have to ask you if you expect to see big changes in the conference committee before the president signs it?” TESTER: “Well, I really don’t. And I really look at it as a jobs bill, Rachel. I think that, you know, when you have the unemployment rates like we’ve had over the last three months, we needed something to really put people back to work. I think this bill does that.” (MSNBC’s “The Rachel Maddow Show,” 2/10/09)

 

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 TESTER & 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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