| Still Thinks Failed $787 Billion Stimulus Got “The Economy Out Of The Ditch”WASHINGTON — As they rammed their $787 billion “stimulus” bill into law, Senator Bob Casey (D-PA) and President Barack Obama claimed it would create millions of new jobs, and the Obama Administration projected it would keep unemployment below 8 percent.But instead, the United States has lost 2.4 million jobs since Obama became President – and the country is now in its 31st consecutive month of above-8-perecent unemployment.
As The Hill reports: The U.S. economy added a net total of zero jobs for the month of August, prompting new fears about a double dip recession. Meanwhile, Casey still refuses to say where he stands as President Obama prepares to call for yet another round of costly stimulus spending, borrowed on the backs of Pennsylvania families and businesses. “With the economy still stuck in a ditch and failing to create jobs, Pennsylvanians are no doubt wondering why Bob Casey still believes it was a good idea for President Obama to borrow $787 billion from China in order to lose 2.4 million jobs,” said National Republican Senatorial Committee (NRSC) spokesman Chris Bond. |
Background Information
| Casey: “The American Recovery And Reinvestment Act (ARRA) Is Helping Get Our Economy Out Of The Ditch By Creating Jobs And Aiding Those Hardest Hit By The Worst Economic Downturn Since The Great Depression.” (Senator Bob Casey Website, www.casey.senate.gov, Accessed 2/1/11)Casey: “On The National Level, ARRA Is Helping To Stabilize Our Economy While Investing In Long-Term Economic Growth.” (Senator Bob Casey Website, www.casey.senate.gov, Accessed 2/1/11)
Casey: “This Bill Is Good For Pennsylvania.” (Senator Bob Casey Website, www.casey.senate.gov, Accessed 2/1/11) |
