Will Loyal Obama Ally Again Support Tax-Spend-And-Borrow Agenda?
As President Barack Obama prepares to call tonight, in a nationwide address, for a reported $400 billion in new “stimulus” spending – to be paid for later with new debt and job-killing tax hikes – where does his loyal ally, Senator Debbie Stabenow, stand?
Notably, Michiganders have heard this same jobs rhetoric from Obama and Stabenow for the last several years. Exactly a year ago, Obama promised a “plan that would start putting Americans to work right away.”
And as she helped Obama and her Washington party bosses ram their $787 billion spending binge into law, Stabenow claimed it would ‘create or save’ 100,000 Michigan jobs, and her bosses in the Obama Administration claimed it would hold unemployment below 8 percent.
But in reality, the United States has lost 2.4 million jobs since Obama took office, and the country is now in its 31st consecutive month of above-8-percent unemployment.
Now, The New York Times reports that Obama’s latest “stimulus” plan will cost “hundreds of billions of dollars,” and Bloomberg reports that the Obama White House says they will “will call on Congress to offset the cost of the short-term jobs measures by raising tax revenue in later years” – in other words, spend the money now, but make Americans pay later with job-killing tax hikes.
“When it comes to jobs, Michiganders have been listening to the same empty promises from Debbie Stabenow and President Obama for the last several years,” said NRSC spokesman Jahan Wilcox. “It’s painfully clear that Obama and Stabenow’s liberal tax-spend-and-borrow economic agenda has failed to create the jobs they promised while driving our national debt to $14.6 trillion, and Stabenow will continue to have a very difficult time explaining her failed jobs record – which includes 49 months of the highest unemployment rate in the country – to Michigan voters.”
Background Information:
Stabenow Promised The Stimulus Would ‘Create or Save’ 100,000 Michigan Jobs
UPPER MICHIGANS SOURCE: “Senator Stabenow said stimulus dollars will create over 100,000 jobs across the state, 70 percent dealing with construction and manufacturing. She said it’s hard to pinpoint an exact number of jobs coming specifically to the Upper Peninsula. However, new renewable resource initiatives, like Cliffs renewal fuel plans and summer road construction projects, will take that number well into the thousands.” (Heather Sawaski, Stimulus status, Stimulus Status, 04/16/09)
The Obama Administration Promised The Stimulus Would “Save Or Create” 3.5 Million Jobs And Keep The National Unemployment Rate Under 8 Percent
“The Obama administration is defending its claim that the $787 billion economic stimulus plan will save or create 3.5 million jobs before 2011 even while conceding that unemployment will likely continue to rise beyond its earlier predictions.” (Stimulus plan will create or save 3.5 million jobs, White House says, Associated Press, 05/11/09)
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)
