| Still Thinks Failed $787 Billion Stimulus “Jumpstart[ed] The Economy”
WASHINGTON — As he cheered his fellow Washington Democrats as they rammed their $787 billion “stimulus” bill into law, former DNC Chairman Tim Kaine claimed the spending binge would create millions of new jobs, and his bosses in 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, Kaine 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 Virginia families and businesses. “With the economy still stuck in a ditch and failing to create jobs, Virginians are no doubt wondering why Tim Kaine still believes it was a good idea for his boss 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:
| Kaine: “The President And Members Of Congress Have Passed A Stimulus Plan That Will Help Jumpstart The Economy And Accomplish Critical Objectives To Get Our Economy Growing Again.” (DNC Chairman Tim Kaine, www.youtube.com, 2/6/2009)
Tim Kaine Said The Stimulus Would Create Or Save Over 3 Million Jobs. Kaine: “. . . The stimulus bill does three things, Gretchen. It has tax cuts for working Americans — those that make — their families make less than $150,000 a year so they can pay bills, put food on the table, help their kids go to college and start spending again. It has infrastructure spending — roads, bridges, alternative energy projects — that will put people to work and then build a platform for greater economic growth. And then it has an important piece of relief as we take care of rising Medicaid and unemployment rolls for Americans that have been hit so hard by 1.8 million job losses in the last three months. This is exactly what we ought to do. We’ll create or save more than 3 million jobs — 90 percent of them in the private sector.” (Fox News, “Fox And Friends,” 2/10/09)
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